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Thai Court Clears Ex-PM Yingluck Shinawatra Of Fund Misuse

On Monday, a Thai court acquitted former Prime Minister Yingluck Shinawatra, currently in exile, of charges related to mismanaging funds for a government project in 2013. This marks another legal triumph for the influential family of former premier Thaksin Shinawatra. Thaksin, Yingluck’s brother, recently obtained parole for corruption offences. Last year, he returned home after over ten years in self-imposed exile, spending six months detained in a hospital before receiving clemency due to his age and poor health.

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National

Confronted With ‘Himalayan Yogi’, Fmr NSE Chief Refused To Recognise Him: CBI

Tejas Joshi

Chitra Ramkrishna, the Former National Stock Exchange (NSE) chief who was arrested last night by the CBI, was confronted with her former aide Anand Subramanian, but she refused to recognise him, the investigation agency has informed the court. 

Seeking 14-day custody of Chitra Ramkrishna, who has been arrested in a case of market manipulation, the CBI said: “We have recovered 2,500 email exchanges between the accused.”

While arguing that she had been questioned for eight days, Ms Ramkrishna’s lawyer said she appeared before the CBI on Saturday and Sunday, even after the court rejected her request for protection from arrest.

“She gave evasive answers and that’s why we had to arrest her. We need to confront her with the evidence,” the CBI said.

Market regulator SEBI (Securities and Exchange Board of India), in its report, had accused Ms Ramkrishna of taking decisions under the influence of a yogi living in the Himalayas.

Recently, the CBI sources had revealed that Anand Subramanian, the former Chief Operating Officer of the NSE, was the “yogi” who communicated with Chitra Ramkrishna through email.

Among many other decisions, appointment of Mr Subramaniam was also done by Ms Ramkrishna under the so-called yogi’s influence. She shared confidential information with him related to the NSE from her mail id rchitra@icloud.com to rigyajursama@outlook.com between 2013 and 2016, CBI sources say.

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