CBI questions ex-NSE CEO Ravi Narain over abuse of colocation facility

Narain appeared before the federal agency in Delhi on Saturday and he may be called again for further questioning

The CBI has questioned former Nation Stock Exchange CEO Ravi Narain in connection with its ongoing probe related to the alleged abuse of colocation facility by an NSE stock broker, officials said Sunday.

The CBI investigators lobbed several sharp questions while recording Narain's statement on the colocation facility and working of the stock exchange, they said.

Narain, who appeared before the CBI investigators in Delhi on Saturday, may be called again for further questioning, they said. On Friday, the agency had questioned former MD-CEO of NSE Chitra Ramkrishna in connection with the case.

The agency has also issued look out circulars against Ramkrishna,