CBI arrests DGM, ONGC in graft case

Image
Press Trust of India New Delhi
Last Updated : Jun 07 2016 | 7:23 PM IST
CBI today arrested a Deputy General Manager of ONGC in Assam while he was allegedly taking a bribe of Rs 50,000 from a contractor for releasing security deposit of the work done by him.
CBI sources said M R Loachan, posted as DGM (civil) and Maintenance, ONGC at Sivasagar (Assam) was arrested while allegedly accepting the bribe from the complainant.
"A case was registered against DGM...On the allegations that the accused demanded a bribe from the complainant for releasing the security deposit that was refundable after completion of work. CBI laid a trap and caught the accused while accepting a bribe of Rs 50,000/- from the complainant," CBI spokesperson said.
She said searches were conducted at the office and residence of the accused which led to recovery of cash of Rs five lakh from the drawer of his office table.
The accused will be produced tomorrow in a Guwahati court, she 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: Jun 07 2016 | 7:23 PM IST

Next Story