NSE Scam: Anand Subramaniam arrested in NSE case, suspected of being a Yogi of Himalayas

The CBI has arrested Anand Subramaniam in connection with the alleged irregularities in the National Stock Exchange (NSE). She was the Chief Strategy Officer (COO) of Anand Subramaniam, former CEO and MD of NSE, Chitra Ramakrishna. It is believed that the yogi of the Himalayas from whom Chitra had talked about taking advice was Subramaniam.

According to CBI sources, Subramaniam has been arrested. Earlier, Subramaniam was questioned by CBI officials in Chennai for three days. During this, an attempt was made to know from him how he got the appointment as Group Operating Officer of NSE. Apart from this, inquiries were also made about his association with the then Managing Director and CEO Chitra Ramakrishna.

Earlier, Ashok Chawla, former chairman of the National Stock Exchange (NSE), had written to SEBI saying that the mysterious Himalayan ‘Yogi’ who had allegedly mentored former National Stock Exchange (NSE) managing director and chief executive officer Chitra Ramakrishna on important matters. Was advised, he could be none other than Anand Subramaniam.

This matter came to the fore in a recent order of SEBI. According to this, in 2013, Ramakrishna, the then CEO and MD of NSE, appointed Anand Subramaniam as the Chief Strategy Officer, whereas there was no such post before. Subramaniam was working in Balmer Lawrie where his annual package was Rs 15 lakh. But a package of Rs 1.38 crore was given in NSE. Later he became the Group Operating Officer in NSE.