CEO of EBay Subsidiary Arrested

(New Delhi, India) Last Friday, police arrested Avnish Bajaj, chief executive officer of EBay's Baazee.com subsidiary in India, on charges of listing a sex video purportedly shot at a prominent New Delhi high school and making no attempt to remove the listing until prodded. In a statement issued Monday, EBay called the arrest "unexpected, completely unwarranted and the result of misdirected energies by the New Delhi police."

Bajaj, a Harvard-educated U.S. citizen is currently in jail with bail denied. The Delhi Public School student who videotaped the explicit scenes and tried to sell copies under the title DPS Girl Having Fun was arrested Sunday night.