‘Himalayan Yogi’ In Market Manipulation Case Is Ex NSE Officer: Sources

Anand Subramanian was first appointed as Chief Strategic Adviser within the NSE in 2013

New Delhi:

The mysterious “Himalayan yogi” who allegedly influenced the selections of former Nationwide Inventory Exchange (NSE) chief Chitra Ramkrishna has been outed as Anand Subramanian, the previous officer arrested in a inventory market manipulation case.

Anand Subramanian, the previous Chief Working Officer of the NSE, was the “yogi” who communicated with Chitra Ramkrishna via e-mail, CBI sources mentioned at the moment.

His controversial appointment was one of many choices that Chitra Ramkrishna took below the so-called yogi’s affect, market regulator SEBI (Securities and Exchange Board of India) had mentioned in a report.

Anand Subramanian was revealed to be the yogi via an e-mail id, the CBI says. The company mentioned it had proof that Subramanian created the mail id [email protected]

Chitra Ramakrishna shared confidential data associated to the NSE from her mail id [email protected] to [email protected] between 2013 and 2016, mentioned the CBI sources.

A few of these mails have been reportedly additionally marked to a different mail id of Anand Subramanian. Screenshots of those mails have been recovered from the mail ids of Subramanian, the sources mentioned.

Subramanian was questioned by the CBI for 4 days final week. He was arrested final night time round 11 PM in Chennai.

“Subramanian didn’t cooperate with the questioning; he gave evasive answers,” mentioned the CBI sources.

Subramanian was first appointed as Chief Strategic Adviser within the NSE in 2013 after which promoted as Group Working Officer in 2015 by Chitra Ramkrishna. In 2016, he left NSE over allegations of irregularities.

Chitra Ramkrishna is below investigation for allegedly sharing confidential data with the “yogi”, who now seems to be her aide.

Subramanian’s appointment and the “frequent, arbitrary and disproportionate” hikes in his wage with none proof of a efficiency analysis was a part of a damning SEBI report available on the market manipulation case.

SEBI has charged Chitra Ramkrishna and others with alleged governance lapses within the appointment of Subramanian and his outsized promotion.

Ms Ramkrishna’s response to SEBI on her weird dependence on the faceless yogi was a part of the regulator’s report.

SEBI famous, based mostly on the emails, that Ms Ramkrishna met this particular person “several times in 2015”. She headed the inventory alternate from 2013 to 2016.

Ms Ramkrishna additionally instructed SEBI that the e-mail she corresponded with was operated by a “Sidhha Purusha/yogi who maybe largely dwelling in the Himalayan ranges”.

“I have met him on occasions in holy places. No locational co-ordinates are given,” she instructed the regulator.

When she was requested how, residing within the Himalayas, the yogi may have accessed emails and corresponded commonly. “To the best of my knowledge, their spiritual powers do not require them to have any such physical co-ordinates,” she replied.

Calling him a “spiritual force”, she instructed SEBI: “I met Him for the first time on the banks of the Ganges nearly 20 years ago directly. Subsequently, over the years I have taken his guidance on many personal and professional matters. Along the way, since He would manifest at will and I did not have any locational co-ordinates I requested Him for a way in which I could seek His guidance whenever I felt the need. Accordingly, He gave me an id on which I could send my requests.”

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