The Central Bureau of Investigation (CBI) on Sunday arrested an Army Colonel of Planning & Engineering Branch of Indian Army Eastern Command, Kolkata and three others including the Managing Director and Director of a Pune-based private company for allegedly taking bribe.
The investigative agency registered a case against the accused on Saturday under Section 120 B of the India Penal Code (IPC) and Section 7, 12 & 13(2) r/w 13(1)(d) of Prevention of Corruption Act 1988.
As per reports, the Colonel had allegedly demanded a bribe of Rs 1.80 lakh from Managing Director of the aforesaid company in connection with the supply of Power Pack Rock Splitters, which are used by various field formations of the Army.
The Colonel has accepted the first installment of Rs 50,000 in February and was arrested when he demanded for the second installment.
The CBI tracked the Director of private company who came from Pune to deliver the bribe to Colonel and nabbed all of them after the exchange of money was over.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app