NSE Chairman Ashok Chawla, Named In Aircel-Maxis Case, Resigns4Photo© oneindia.com

NSE Chairman Ashok Chawla, Named In Aircel-Maxis Case, Resigns

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New Delhi: Ashok Chawla, chairman of National Stock Exchange (NSE) resigned from his post with immediate effect, hours after the Central Bureau of Investigation said that the Centre has granted sanction to prosecute him in the Aircel-Maxis case.  “Ashok Chawla has resigned as Public Interest Director/ Chairman of the Board of Directors of the National Stock Exchange of India Ltd (NSE) with immediate effect in the light of recent legal developments,” the NSE said in a statement.

Notably, Chawla is named, along with other bureaucrats and former Finance Minister P. Chidambaram, in the Aircel-Maxis bribery case being probed by the CBI.

The CBI had filed its charge-sheet last July but had been waiting for the government’s nod to start prosecution against the bureaucrats. The Ministry of Finance had given its approval to act against Chidambaram but similar permission was needed for the bureaucrats as well.