CBI arrests UCO Bank official on graft charge

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Acting on a complaint, the CBI sleuths laid a trap and caught UCO bank senior manager R N Prasad red-handed as he took the bribe amount at this office in Munger town, CBI Additional Superintendent of Police (ASP) J N Mishra said.
The bank official had demanded the money for sanctioning subsidy of Rs five lakh as per the state government norms on a loan of Rs 17 lakh granted to one Gautam Singh, he said.
Singh had subsequently lodged a complaint with the CBI and the agency laid a trap and caught the bank official red-handed while taking the bribe, the CBI ASP said.
First Published: Sep 20 2012 | 7:55 PM IST