NSE phone tapping: CBI takes custody of ex-Mumbai Police chief Sanjay Pandey
A Delhi court granted a four-day CBI remand of Sanjay Pandey to the CBI stating that the CBI has sufficient grounds to proceed with the investigation.
The Central Bureau of Investigation (CBI) on Saturday took the custody of former Mumbai Police commissioner Sanjay Pandey in connection with the National Stock Exchange (NSE) phone-tapping case. He was earlier arrested by the Enforcement Directorate (ED) and was currently in judicial custody.
A Delhi court granted a four-day remand of Pandey to the CBI stating that the probe agency has sufficient grounds to proceed with the investigation, news agency ANI reported.
The CBI had lodged an FIR in relation to the alleged phone tapping for the commission of offences under the Indian Penal Code, Indian Telegraph Act and Prevention of Corruption Act against Pandey and his company iSec Services Private Limited.
iSec in conspiracy with other accused persons illegally intercepted MTNL lines at the NSE between 2009 and 2017 and recorded calls by various NSE officials, according to the CBI. It was alleged that the telephone monitoring was carried out by iSec without taking permission of the competent authority, as required under the provisions of the Indian Telegraph Act, and also without the knowledge or consent of NSE employees.
Pandey, who was arrested by the ED on July 19, is currently in judicial custody.
On September 9, the ED had filed a charge sheet in Delhi Rouse Avenue Court in connection with the NSE Money Laundering case.
The charge sheet stated to have names of Chitra Ramkrishna, Ravi Narain (both are former CEOs of NSE), and Pandey and his firm.
Narain was arrested by ED in August in connection with a money laundering case related to the alleged illegal phone-tapping of the exchange's employees. Narain is the third person arrested by the ED in the case.
(With inputs from agencies)