Monday, June 19, 2017

CBI arrests colonel, Pune firm MD in bribery case

19/06/2017

PUNE: The Central Bureau of Investigation (CBI) has arrested Colonel Shaibal Kumar of the planning and engineering branch of the Indian Army, Eastern Command, Kolkata, managing director Sharat Nath, director Vijay Naidu and Kolkata representative Amit Roy of Xtech Equipments Pvt Limited, Pune, for alleged bribery of Rs 50,000.

A CBI press release issued in this regard stated that the case was registered against the four under section 120-B (criminal conspiracy) of the IPC and sections 7, 12 and 13 of the Prevention of Corruption Act 1988. "It was alleged that the colonel had demanded a bribe of Rs 1.80 lakh from the managing director of the company in connection with the supply of power pack rock splitters used by various field formations of the Army. The colonel was alleged to have already demanded and accepted a bribe of Rs 50,000 in February and as part of the second instalment of the bribe, the colonel has now accepted Rs 50,000," the release stated.


The CBI tracked the director of the firm who came from Pune to deliver the bribe to the colonel in Kolkata. The amount was recovered from his residence. Searches were conducted in four premises in Pune and two in Kolkata.

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