NSE and criminal act
In a country where the so-called ‘yogis’ and ‘sanyasis’ seem to have a place in the political hierarchy — often to polarise voters — it is a real shame that the former lady head of the National Stock Exchange was guided by one such ‘yogi’, from the Himalayas, in the day-to-day operations of one of the most important bodies that controls the fate of almost all investors in the stock market. What is more shocking is that she shared confidential matters with the said ‘yogi’. One really wonders who the beneficiaries of this scam are and on whose behalf the ‘yogi’ was acting and directing the lady chief. The fine imposed on her by the Securities and Exchange Board of India (SEBI) appears to be an attempt to whitewash the sordid crime. Will the government of the day that talks about transparency and corruption-free governance explain how this has happened and what action it envisages taking against all the fraudsters?
Tharcius S. Fernando,
