India’s federal police arrested the country’s former stock exchange head Chitra Ramkrishna who was embroiled in a regulatory investigation that found her seeking advice from an alleged Himalayan yogi.
Chitra Ramkrishna was arrested in New Delhi, according to a «Reuters» report citing a source at India’s Central Bureau of Investigation (CBI), though no additional details were provided.
Ramkrishna was previously the CEO of the National Stock Exchange until 2016 when she left over «personal reasons».
Himalayan Yogi
During an investigation by the Securities and Exchange Board of India (SEBI) originally aimed at unfair server access by some high frequency traders, the regulator found that Ramkrishna was «merely a puppet» controlled by the Himalayan yogi.
The revelations were based on emails from Ramkrishna that showed she sought guidance over a 20-year period from the yogi.
Ramkrishna defended her actions and said she made no compromising moves at the stock bourse as she shared information with a person that was «spiritual in nature».
