CBI arrests bank branch manager for demanding bribe to disburse loan under Government scheme

New Delhi [India], August 9 (ANI): The Central Bureau of Investigation (CBI) has arrested two accused including the branch manager of Prathma UP Gramin Bank in Bijnor district of Uttar Pradesh and his associate, a private person while demanding and accepting a bribe to sanction a loan under the Prime Minister's Employment Generation Programme (PMEGP) Scheme.
The arrested accused have been identified as Priyanshu Tyagi, Branch Manager, Prathma UP Gramin Bank, Kotkadar Branch in Bijnor and Madan Singh, Private Person.
A case was registered by CBI on a complaint against the accused Branch Manager, Prathma U.P. Gramin Bank, Kotkadar Branch, Bijnor (U.P), on allegations that the accused demanded illegal gratification of Rs. 60,000 from the complainant, in order to sanction loan of Rs. 6 lakh under Prime Minister's Employment Generation Programme (PMEGP) Scheme.
CBI laid a trap and caught said accused (public servant) and his associate (private person) red-handed while demanding and accepting bribe of Rs.30,000 from the complainant.(1st installment of bribe amount of Rs.60,000).
Searches are being conducted at residential premises of both accused at Bijnor(UP) which led recovery of incriminating documents/articles.
The arrested accused persons will be produced before the Court of Special Judge, CBI cases, Ghaziabad.
The investigation is continuing. (ANI)