Former Chair of the National Securities Exchange Ashok Chawla told MoneyControl his letter to Sebi in 2018 said Anand Subramanian was ‘mysterious yogi’ in the NSE scam based on a forensic audit by the consulting company and that he had not been approached by these institutions as. Part of the ongoing investigation into this case.

“I have no information about any agency that approaches me (to be questioned). My letter is based on an eye forensic audit,” Chawla told MoneyControl by telephone.

However, according to sources at the Central Investigation Bureau, Chawla is likely to be immediately called by the agency to be questioned in the NSE case.

This case involved the former CEO of NSE Chitra Ramkrishna with ‘Himalaya Yogi’ and the possibility of their consequences for NSE operations. MoneyControl cannot immediately reach the Central Investigation Bureau for comments.

Chawla served as NSE chairman between May 2016 and January 2019 and handled the NSE crisis related to alleged manipulation in the trading system after Chitra Ramkrishna stopped at the end of December, “personal reasons”. Chawla then fired a letter to Sebi in 2018 where he said Subramanian, a former employee and a low foreman of a Chennai-based logistics company which was appointed as the operating officer of the NSE group by Ramkrishna, was ‘mysterious yogi’.

During the investigation, Ramkrishna admitted that she used to take spiritual guidance from Yogi but stated that all NSE’s operational decisions were hers. Active investigation to verify the actual facts of this case, especially to find out whether NSE’s financial details and business plans are divided due to abuse.

To be sure, allegations of abuse involving Ramkrishna and Subramanian occurred between 2013 and 2016 before Chawla took over as NSE chairman.

In January 2019, Chawla resigned as Chairman of NSE after the center gave sanctions to demand five people including Chawla accused in the case of Aircel-Maxis. Chawla was named in the cost sheet submitted by the Central Investigation Bureau on July 19 in the Aircel-Maxis case.

NSE colocation case.

NSE kasing refers to a series of events where certain private individuals and NSE and SBI officials are unknown accused of accessing preferential access to NSE server architecture and misuse of colocation facilities.

The CBI on February 25 captured Subramanian in connection with the alleged pleasure to certain traders. The development came when the authorities pressed forward with an investigation into this case.

A reporter was written to Sebi in January 2015, explaining the shortcomings in the Colocation NSE system, and how some brokers had exploited those shortages in collusion with several NSE employees.

Subramanian is the main strategic advisor since April 1, 2013 before he was set again starting April 1, 2015 to 21 October 2016.

Look-out circular was issued to Subramanian, Ramkrishna and Ravi Narain as part of an investigation. The Central Investigation Bureau began to question Ramkrishna in February.

Ramkrishna was accused of sharing information including Bourse’s financial projections, business plans, and the agenda of the council with a spiritual teacher intended in the Himalayas, said Sebi.

“Sharing financial plans and businesses NSE … is a striking action, if it is not unimaginable, which can shake the foundation of the Stock Exchange,” said Sebi in order, forcing a penalty in Ramkrishna, exchanges and the other top of the former executive for irregularities.

Sebi said that NSE said the principles underlying the behavior of the stock business, related to fair and fair access to information. NSE failed to comply with the provisions of the SCC regulation in letters and spirits and Ramkrishna and Narain responsible for negligence / commissions carried out by exchange during the investigation period, the word sebani in the order.