Thread by @barandbench

Former Mumbai police commissioner Sanjay Pandey arrested by Enforcement Directorate in an alleged case of illegal phone-tapping of NSE employees connected to NSE co-location scam produced before a Special Court in Delhi.

@dir_ed #SanjayPandey #NSEcolocationscam

ASG SV Raju appears for ED: This is an application for seeking custody for 14 days.

Pandey addresses court of Special CBI judge Sunena Sharma: Prior to 2009 phones were recorded by NSE. We never did any phone tapping or live monitoring.

#NSEcolocationscam

Pandey is facing ED and CBI FIRs alleging illegal tapping of phones of NSE employees by iSec Services Private Ltd, a company he founded, and violation of SEBI guidelines in conducting NSE’s system audit.

#NSEcolocationscam

ASG Raju has argued that it was an unlawful act of tapping of MTNL phones– contrary to the Telegraph Act. For this purpose Rs 454 crore was paid which becomes proceeds of crime for which we need custodial interrogation.

#NSEcolocationscam

Court to pronounce order on remand at 4.30pm.

#NSEcolocationscam

#Breaking Former Mumbai police commissioner Sanjay Pandey remanded to 9 days of Enforcement Directorate custody by a Special Court in an alleged case of illegal phone-tapping.

#NSEcolocationscam