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PE against Bhave, Abraham on credible information:CBI

The Preliminary Enquiry against former SEBI chairman C B Bhave and its ex-member K M Abraham was registered on the basis of "credible information" to probe alleged irregularities in granting sanction to MCX Stock Exchange, CBI Director Ranjit Sinha said Thursday.

Bhave, Abraham officers of terrific integrity, says Montek

Coming in defence of former SEBI chief C B Bhave and its former member K M Abraham, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said that they are officers of "terrific integrity" and CBI has not charged them with anything.