CBI arrests bank recovery agent in bribery case

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New Delhi: The Central Bureau of Investigation (CBI) has arrested a Recovery Agent working with the Union Bank of India on bribery prices.

The accused, recognized as Suresh Bhalerao working with the Aurangabad department of the bank, allegedly demanded Rs 1 lakh for getting a mortgage quantity of Rs 10 lakh sanctioned underneath the Prime Minister Employment Guarantee Scheme (PMEGP).

The CBI caught the accused whereas demanding and accepting Rs 30,000 and Rs 50,000 from the complainant in the type of two bearer cheques.

“Search was conducted at the premises of the accused at Aurangabad which led to the recovery of incriminating documents. Role of bank officials is also being investigated,” the company mentioned.

The accused was despatched to judicial custody by court docket order on Tuesday.

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