ED arrests former NSE CEO Ravi Narain in money laundering case

Enforcement Directorate has arrested National Stock Exchange's (NSE) former chief executive officer (CEO) Ravi Narain in a money laundering case related to alleged illegal phone tapping and snooping of NSE employees. Narain was the MD and CEO of NSE from April 1994 to March 31, 2013. Thereafter, he was appointed vice-chairman, in a non-executive



category on the company’s board from April 1, 2013, to June 1, 2017.

Former chief executive officer of the NSE Chitra Ramkrishna was arrested by the CBI on March 6 in the case registered in May 2018 related to the co-location scam. The ED arrested her on July 14 in the phone tapping case.