Mumbai/New Delhi: In a coordinated action, teams of the Income Tax Department investigators on Thursday carried out searches at the premises of Chitra Ramkrishnan, former managing director (MD) and chief executive officer (CEO) of National Stock Exchange (NSE) and her mother, well placed sources said.
According to the sources, eight to nine officials of the IT department landed at the Mumbai residence of Ramkrishnan as well as that of her mother’s and have been carrying out searches since.
It is alleged that the searches are in connection with her sharing confidential information pertaining to the NSE to some spiritual guru.
As for other details on searches, senior officials of the IT department remain tight lipped and refused to divulge more information.
It may be noted that the SEBI had recently penalised Ramakrishnan for passing sensitive information about NSE to an unknown or faceless spiritual force residing in the Himalayas.