CBI arrests bank manager for taking bribe

Image
Press Trust of India New Delhi
Last Updated : Feb 12 2014 | 5:57 PM IST
CBI has arrested a branch manager of State Bank of Patiala in Punjab for allegedly taking a bribe of Rs one lakh from a person for returning the documents of the land which was mortgaged with the bank.
A case was registered on a complaint from a resident of Sangrur in Punjab who alleged that the branch manager of State Bank of Patiala at Cheema in Punjab demanded a bribe of Rs 6.5 lakh from him for liquidating a loan and returning the documents of the land which was mortgaged with the bank, a CBI spokesperson said here today.
The official said CBI laid a trap and the bank manager was caught red-handed while accepting Rs one lakh as first installment of the bribe.
In an another case, the CBI arrested a project officer and his subordinate sales manager, posted at Swang Washery, Kathara Area Central Coal Field Limited (CCL) in Jharkhand for taking a bribe of Rs 20,000 from a coal trader, the agency said in a statement.
The spokesperson said the case was registered on the basis of a complaint by the coal trader who alleged that the project officer and sales manager had demanded illegal gratification of Rs 20,000 for providing him a coal stock against a delivery order issued by CCL.
"CBI laid a trap and caught the project officer and sales manager red-handed while they were ccepting the bribe of Rs 20,000 from the complainant," it said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Feb 12 2014 | 5:57 PM IST

Next Story