The Enforcement Directorate has reportedly arrested former Mumbai Police Commissioner Sanjay Pandey in in the money laundering case relating to the illegal phone tapping and snooping of employees of National Stock Exchange (NSE).
This comes a few days after the central agency had arrested former NSE top boss Chitra Ramkrishna in the same case.
The ED had earlier registered a case under criminal sections of the Prevention of Money Laundering Act (PMLA) against Sanjay Pandey , Ramkrishna and Ravi Narain. The development came a week after the CBI booked them.
Narain and Ramkrishna, both former chief executives of the National Stock Exchange, had hired a company owned by Sanjay Pandey to snoop on stock exchange employees by illegally tapping their phone calls, the CBI has said.
Both agencies, CBI and ED, have named Pandey, his Delhi-based company, NSE’s former MD and CEOs Narain and Ramkrishna, executive vice president Ravi Varanasi and head (premises) Mahesh Haldipur, among others, in their complaint.
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