New Delhi(PTI): A Delhi court on Saturday denied anticipatory bail to the former chief executive officer of National Stock Exchange (NSE), Chitra Ramkrishna, in the NSE co-location case and disapproved of the CBI’s “lackadaisical” conduct, saying no action seems to have been taken against the main scam beneficiaries for last four year.
Special Judge Sanjeev Aggarwal observed that the accused were facing grave allegations and the investigation was at the most nascent stage. He also pulled up market regulator Securities and Exchange Board of India (SEBI), saying it had been “too kind and gentle” with the accused.
It has to follow a path towards a journey which has just begun, at the same time the conduct of the investigating agency i.e. CBI is most lackadaisical, to say the least;
“As no action seems to have been taken against main beneficiaries of the present co-location scam, (the names of…