CBI registers 139 corruption cases against PSB staff: Sinha

The Central Bureau of Investigation (CBI) has registered 139 corruption cases against PSU bank officials in over four years, Parliament was informed today.
In a written reply to a question in Lok Sabha, Minister of State (MoS) for Finance, Jayant Sinha said trial is pending in 115 cases, while nine cases against Public Sector Bank (PSB) officials are under investigation.
He further said 10 cases have ended in conviction, while five others were disposed off.
"CBI has reported that they have registered a total number of 139 trap cases against Bank official/officers during the last four years, between 2011 to 2014 and current year up to February 2015," Sinha said.

While 5 cases have been registered till February 2015, 37 cases were registered in 2014 and 39 in 2013. Further in 2012 and 2011, 26 and 32 cases, respectively were registered.
On September 22, 2014, the government had terminated the service of then Syndicate Bank CMD Sudhir Kumar Jain, Sinha said when asked about the action being taken by the government against the CMD who was caught for taking bribes.
In a separate reply to another question, Sinha said the government has conveyed to all PSBs and financial institutions that they should take all commercial decisions in the best interest of the organisation without any fear or favour.

"All decision should be taken based on facts of the case," he added.