New Delhi, December 17
The Central Bureau of Investigation (CBI) has arrested accused panel advocate of Indian Bank, Kolhapur (Maharashtra) for demanding and accepting bribe of Rs 1.70 lakhs from the complainant.
The CBI registered a case on the basis of a complaint against accused Panel Advocate of Indian Bank, Kolhapur on allegations that accused Panel Advocate demanded bribe of Rs. 2.5 lakh from the complainant and negotiated it for Rs. 1.80 lakh.
The bribe was allegedly demanded for deferring the possession of the mortgaged property of the complainant by the Bank under SARFAESI Act which he had offered to the Bank for obtaining a loan of Rs. 5.5 crore, which had become NPA subsequently. Accused further agreed and reduced the bribe to Rs 1.70 lakhs.
The agency then laid a trap and the accused was caught red handed at his office while demanding and accepting the bribe of Rs. 1.70 lakh from complainant.
Thr CBI also conducted searches at the residential and official premises of accused at Ichalkaranji which led to recovery of incriminating documents.
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