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MUMBAI : The Central Bureau of Investigation (CBI), on Friday, questioned Chitra Ramkrishna, former chief executive officer and managing director of the National Stock Exchange (NSE), widening the ambit of its original probe in the case of preferential access to NSE algo-trading platform, an official of the agency said. The agency has also issued a look out circular against her.

"CBI is questioning Ramkrishna today in Mumbai and has issued look out circular against Ramkrishna, Anand Subramanian and Ravi Narain (former managing director of NSE). It is the expansion of the 2018 FIR in light of the recent facts that have emerged pursuant to the Sebi order," said the officer with direct knowledge of the matter.

CBI was already conducting a probe in the case of preferential access to NSE algo-trading platform and had registered a first information report (FIR) in the case on 30 May 2018 against OPG Securities’ promoter Sanjay Gupta, his brother-in-law Aman Kakrady, Ajay Shah, who facilitated Gupta’s operations by developing and providing a software called Chanakya, and some other unnamed officials of NSE and Sebi. In May 2019 the agency had submitted a status report to Delhi high court that its probe is no longer limited to the original complaint.

In a written reply to the parliament in July 2021 the government had said the CBI investigation is still going on. Recently the CBI also submitted a status report on the probe to the Delhi High Court.

"These new facts highlighted in the Sebi order are being used by the agency to widen its probe. The leakage of sensitive information by Ramkrishna is one of the most serious offenses. CBI is equipped in verifying if any financial damaged caused to the institution and the exact identity of the recipient of the data," said the person cited above.

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