OPG Securities MD arrested in NSE co-location case

The CBI has arrested Delhi-based broker and managing director of OPG Securities Sanjay Gupta in the NSE scam, four years after the agency registered an FIR against him for alleged preferential access of the market through multiple IDs and secondary servers called co-location facility, officials said on Wednesday.

The agency on late Tuesday evening carried out searches and arrested Gupta from his office here, they said

The CBI had earlier arrested former NSE CEO and MD Chitra Ramkrishna and Group Operating Officer Anand Subramanian in connection with the case and both are in judicial custody since March.

Officials said Gupta has managed to get access to a Mumbai-based syndicate to allegedly influence SEBI officials probing the NSE co-location scam.