Bribe From Bank Fraud Accused

Days after charging its four personnel for allegedly receiving bribe to compromise on investigation against companies accused of bank fraud, the CBI has suspended two of them -- Inspector Kapil Dhankad and Stenographer Samir Kumar Singh -- and recommended administrative action against the other two.

CBI officials charged for graft by the central probe agency were not only receiving regular kickbacks for compromising investigation, but were also acting as conduits to bribe their peers on behalf of companies accused of siphoning off crores of public money from banks, the FIR against them alleges.

Four personnel of the Central Bureau of Investigation (CBI), including two deputy superintendents of police, have been charged by the central probe agency for allegedly receiving bribes to compromise on investigation against companies accused of bank fraud, officials said.

The CBI has booked retired deputy manager Gokulnath Shetty, the main accused in the Rs 13,000-crore Punjab National Bank fraud allegedly perpetrated by Mehul Choksi and Nirav Modi, in a fresh case of receiving a bribe of Rs 1.08 crore from Rishika Financials that arranged bank guarantees for Gitanjali Gems, officials said.

Days after charging its four personnel for allegedly receiving bribe to compromise on investigation against companies accused of bank fraud, the CBI has suspended two of them -- Inspector Kapil Dhankad and Stenographer Samir Kumar Singh -- and recommended administrative action against the other two.

CBI officials charged for graft by the central probe agency were not only receiving regular kickbacks for compromising investigation, but were also acting as conduits to bribe their peers on behalf of companies accused of siphoning off crores of public money from banks, the FIR against them alleges.

Four personnel of the Central Bureau of Investigation (CBI), including two deputy superintendents of police, have been charged by the central probe agency for allegedly receiving bribes to compromise on investigation against companies accused of bank fraud, officials said.

The CBI has booked retired deputy manager Gokulnath Shetty, the main accused in the Rs 13,000-crore Punjab National Bank fraud allegedly perpetrated by Mehul Choksi and Nirav Modi, in a fresh case of receiving a bribe of Rs 1.08 crore from Rishika Financials that arranged bank guarantees for Gitanjali Gems, officials said.