Executive director of Power Grid also held for 'granting favours' in NE projects
TRACE, an anti-bribery standard setting organisation, measures business bribery risk in 194 countries, territories, and autonomous and semi-autonomous regions
The allegations of bribe-fuelled bus contracts have to be investigated by state govts. However, BCCL is a central public-sector unit and the central govt can directly order a CBI investigation
This is in connection with an alleged bribery ring run by them within the agency to help companies accused of siphoning off bank loan funds worth Rs 4,300 crore
Bribery in public services continues to plague India.
The list by TRACE, an anti-bribery standard setting organisation
Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.
China showed the highest prevalence of alleged bribery by foreign firms
Foreign bribery is not yet criminalised in India