CBI arrests Equitas bank branch manager in Vizag for taking Rs 1.30 lakh bribe
India Today
The complainant had approached the bank to get a business loan. The accused demanded Rs 2 lakh as a bribe, but the complainant could pay only Rs 1.30 lakh. The CBI caught him red-handed while receiving the bribe.
The Central Bureau of Investigation (CBI), on Tuesday, February 8, arrested the manager of Equitas Small Finance Bank, Dwarakanagar Branch, Visakhapatnam for demanding and accepting a bribe of Rs 1.30 lakh from a person seeking a loan.A case was registered against the branch manager of Equitas Small Finance Bank, Dwarakanagar, Visakhapatnam, after a complaint by a shop owner. The complainant said that he approached that particular branch of Equitas Small Finance Bank for a business loan of Rs 20 lakh for running his business.
He further alleged that the branch manager called the complainant and demanded payment of 10% of the loan amount, i.e. Rs 2 lakh, as a bribe.
The accused further informed the complainant that the loan had been sanctioned and allegedly reiterated the demand for a bribe for facilitating the disbursement of the loan amount.
After negotiation, the accused allegedly reduced the bribe to Rs 1.30 lakh. It was also alleged that the accused informed the complainant that the loan amount of Rs 20 lakh had been disbursed & credited into his account.
The CBI laid a trap and caught the accused red-handed while demanding and accepting the bribe of Rs 1.30 lakh from the complainant. The involvement of a clerk from the State Bank of India, Vizianagaram, is also being looked into.
Searches are being conducted at the office and residential premises of the accused at Visakhapatnam and Vizianagaram. The accused will be produced tomorrow before court at Visakhapatnam.
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