No home food, no VIP facilities in the Jail to Chitra Ramkrishna, CBI court

Former NSE chief Chitra Ramkrishna had filed a bail application before the CBI court. The court has contended that no VIP facilities can be given to the accused.

No home food, no VIP facilities in the Jail to Chitra Ramkrishna, CBI court

New Delhi: The CBI court has rejected the plea of former National Stock Exchange (NSE) chief Chitra Ramkrishna for home food and other amenities in the jail. Chitra was arrested in connection with a market manipulation case.

While sending her for judicial custody, the court has allowed her to carry a copy of a prayer book, the Hanuman Chalisa. The CBI court has ordered for judicial custody for 14 days.

"Every prisoner is the same. She can't be a VIP prisoner because of what she had been. Rules can't be changed," CBI judge Sanjeev Aggarwal remarked when her counsel pressed for special facilities inside the jail.

She has been accused of being involved in grave lapses at India's largest stock market -- including sharing confidential information with an individual she dubbed a "Himalayan yogi" –

The 59-year-old, who has been heading the NSE since 2013, was arrested by the Central Bureau of Investigation on February 24 after days of questioning in what has been dubbed the market manipulation scam. 

Ms Ramkrishna was arrested by the CBI after nearly four years of investigation against a Delhi-based stockbroker. The arrest came after market regulator Securities and Exchange Board of India (SEBI) released a report, indicating alleged misuse of power by the top management of the NSE.

Ms Ramkrishna was influenced by unknown "Himalayan Yogi" in all personal and professional matters for around 20 years, SEBI stated in its report.

The "yogi" was later revealed to be Anand Subramanian, a former stock exchange official arrested in a market manipulation case. Chitra was sharing some confidential information to some brokers. The case was filed in 2018.

Chitra Ramkrishna had filed a bail application arguing that the CBI does not seek her custody anymore.

While opposing her bail plea, the CBI has contended that the accused is an influential person and the investigation is still in progress on her foreign visits and other aspects of the case. "Hence we want her to be sent to judicial custody," the CBI counsel argued.