Bank manager arrested in graft case | mumbai | Hindustan Times
Today in New Delhi, India
Feb 28, 2017-Tuesday
New Delhi
  • Humidity
  • Wind

Bank manager arrested in graft case

mumbai Updated: Sep 16, 2010 02:41 IST
HT Correspondent
Bank manager arrested in graft case

The branch manager of State Bank of India, Kadholi branch in Jalgaon, was arrested by the anti-corruption branch of the Central Bureau of Investigation (CBI), Mumbai Zone, while allegedly accepting a Rs 5,000 bribe from a farmer.

Ashok Parab (46), who was arrested at his office on Tuesday, had reportedly already taken Rs 15,000 from the farmer to release a sanctioned loan of Rs 2 lakh.

A senior CBI official said Parab initially took Rs 15,000 bribe and released Rs 1.5 lakh of the loan amount in June. He withheld the remaining Rs 50,000, and demanded another Rs 5,000 to release the same.

Fed up with Parab’s demand, the farmer approached the CBI and lodged a complaint on Monday. The CBI asked the farmer to call Parab and tapped the conversation when Parab told him to come to his office on Tuesday and give Rs 5,000.

CBI officials laid a trap and arrested Parab when he accepted the money. Parab was on Wednesday produced before a Jalgaon sessions court judge who remanded him to police custody until Saturday.

CBI teams also raided Parab’s house in Mira Road and his Jalgaon residence, where he lives as a tenant. “During the raids, we found Rs 16 lakh worth fixed deposits,” the official said, requesting anonymity.

The agency suspects that Parab had on earlier occasions too demanded bribe from many loan seekers. “After we trapped him, many people approached us claiming they too had to bribe him for securing loans,” the official added.