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CBI arrests a Branch Sales Manager, ICICI Bank for demanding & accepting bribe of Rs.50,000/-

 Programmes – Ghana School of Law

 The Central Bureau of Investigation has arrested a Branch Sales Manager, ICICI Bank, Bhuteshwar Branch, Mathura(Uttar Pradesh) and a Sales Executive(Outsource employee of said Bank) for demanding & accepting bribe of Rs.50,000/- from the Complainant.

A case was registered against the accused on a complaint. It was alleged that the Complainant had availed Home Loan Facility of Rs 10 lakh from the ICICI branch, Bhuteshwar  wherein Bank had initially disbursed first phase of loan amount of Rs 3.04 lakh. It was further alleged that the said Branch Sales Manager demanded bribe of Rs 50,000/-from the Complainant for further disbursement of remaining loan amount and directed him to hand over the bribe to an outsource employee working in the ICICI Branch as Sales Executive.

CBI  laid a trap and caught the accused while accepting the bribe of Rs.50,000/-. Searches were conducted at the premises of accused which led to recovery of  incriminating documents

Both the arrested accused were produced before the Special Judge, CBI Court, Ghaziabad and were remanded to 14 days Judicial Custody.

 Source 

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(With input from news agency language)

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