NEW DELHI: The Enforcement Directorate (ED) on Tuesday arrested former Mumbai Police Commissioner Sanjay Pandey in connection with its money laundering case linked to the alleged illegal phone tapping of National Stock Exchange (NSE) employees, officials said.
According to top ED officials, Pandey was arrested after his questioning today.
Earlier in the day, Pandey appeared before the ED for the second consecutive day for questioning. The retired Indian Police Service (IPS) officer was also questioned by the financial probe agency officials on Monday in the case.
He was questioned about the business and operations of a firm floated by him for a security audit of the National Stock Exchange (NSE).
Pandey, a 1986-batch officer, retired from service on June 30 this year. Before his four-month stint as Mumbai’s commissioner of police, he served as the acting Maharashtra director general of police.
CBI had said on Monday said that it questioned Pandey and another former Mumbai police commissioner Param Bir Singh in connection with the Rs 100 crore extortion allegations against former minister Anil Deshmukh.
Pandey is facing two ED and Central Bureau of Investigation FIRs – illegal interception of phones of NSE employees by iSec Services Private Ltd, a company founded by him, and violation of Securities and Exchange Board of India guidelines in conducting NSE’s system audit.
He has been questioned early this month by the ED in the alleged co-location scam at the NSE.
The CBI on July 8 said that it has registered a case against former Mumbai police commissioner and former NSE MD and CEO Chitra Ramkrishna, among others.
The case was registered on the orders of the home ministry in connection with the illegal phone tapping case. The agency also carried out searches at 18 locations.