India News | CBI Arrests One, Books J&K Grameen Bank Branch Head in Bribery Case
Get latest articles and stories on India at LatestLY. The CBI on Monday booked a branch head of J&K Grameen Bank after its sleuths caught a man accepting a bribe of Rs 20,000 on his behalf for sanctioning a housing loan in Kathua district, a spokesperson of the agency said.
Jammu, Oct 18 (PTI) The CBI on Monday booked a branch head of J&K Grameen Bank after its sleuths caught a man accepting a bribe of Rs 20,000 on his behalf for sanctioning a housing loan in Kathua district, a spokesperson of the agency said.
A complaint was received from a person claiming that the branch head was demanding Rs 50,000 from him through a private person for processing and sanctioning a housing loan of Rs 20 lakh in favour of his father, the spokesperson said.
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Acting on the complaint, the Central Bureau of Investigation (CBI) sleuths laid a trap and caught the individual while he was accepting Rs 20,000 as an installment of the bribe, the spokesperson said.
A case was registered against both the branch head and the arrested person and further investigation has begun.
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Searches are also being conducted at the premises of both the accused at Kathua, the spokesperson said.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)