NSE phone tapping case: CBI arrests former Mumbai police commissioner | India News


NEW DELHI: Central Bureau of Investigation (CBI) on Saturday arrested former Mumbai Police commissioner Sanjay Pandey in connection to an alleged case of illegal phone tapping on National Stock Exchange (NSE) employees.
A Delhi court has also granted 4-day CBI remand of Sanjay Pandey saying that the central investigating agency has sufficient grounds to proceed with the probe.
He is being investigated on suspicion of using the tapped phone conversations by some of the accused in the money laundering case who may have benefitted from these illegally recorded conversations.
Earlier, the ED filed its charge sheet before a Delhi court against former NSE chief Chitra Ramakrishna, its ex-MD Ravi Narain and Sanjay Pandey.
Pandey was earlier arrested by ED and was presently in judicial custody.
According to the ED, the top officials of NSE, including those accused named in the charge sheet, caused the monetary loss to NSE by allowing iSec to gain money out of illegal activity done under the guise of a legitimate contract of ‘Study of Cyber Vulnerabilities’, the court noted.
This is the second case being probed by the ED about the alleged violation of money laundering norms in the co-location scam.
Pandey and Ramkrishna were arrested in July this year in the case.
In July, the ED arrested former NSE CEO Chitra Ramkrishna after informing a special court here that the “snooping of phone calls” at the NSE was being done for a long time.
Pandey retired from service as Mumbai’s police chief on June 30 and was soon booked by CBI and then the ED in the case.


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