Former Mumbai Police Commissioner Sanjay Pandey Arrested by ED in NSE Phone Tapping Case

The agency had questioned Sanjay Pandey before on July 5. Regarding the 2018 case of the supposed control of of the alleged manipulation of NSE. In which some brokers were alleged to have made sudden profits by manipulating the co-location facility of the bourse in conspiracy with top NSE officials.

ed arrests mumbai ex-top cop in nse phone tapping case

The Enforcement Directorate (ED) on Tuesday arrested former Mumbai Police commissioner Sanjay Pandey . For the purpose of National Stock Exchange (NSE) co. location scam case. He will be produced likely before special CBI judge Suneha Sharma in a Delhi court on Wednesday.

The probe agency arrested former NSE CEO Chitra Ramkrishna in the case last week.

Pandey, who showed up before the ED for questioning in the money laundering case connected to the supposed illegal phone tapping of NSE employees. He was arrested after over seven hours of questioning in the case.

ed arrests mumbai ex-top cop in nse phone tapping case - times of india

Prior in the day, Pandey had likewise met Maharashtra Chief Minister Eknath Shinde in Delhi. Whereas, gathering went on for 15 minutes, an authority told news agency PTI.

Pandey, a 1986-batch Indian Police Service (IPS) official, retired from service on June 30. Before his four-month stretch as Mumbai’s commissioner of police, he filled in as the acting Maharashtra chief general of police. He is confronting two ED and Central Bureau of Investigation FIRs- illegal capture of mobile of NSE employees by iSec Services Private Ltd. An company founded by him, and violation of the Securities and Exchange Board of India rules in directing NSE’s system audit.

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