The anti-corruption branch of the Central Bureau of Investigation (CBI) on Friday arrested the senior manager of Bank of India, Mumbai's main branch while accepting alleged bribe of Rs1 lakh from a financial consultant.
During subsequent searches, the CBI seized Rs. 25 lakh in cash and gold coins collectively weighing 150 grams worth Rs. 4.5 lakh from his Titwala residence.
The CBI arrested Ganesh Das, a senior manager at the bank while he was allegedly accepting bribe at CST railway station.
The consultant had filed a complaint with the central agency on Wednesday that Das had allegedly demanded a bribe at the rate of 5% of the subsidy claims filed by him on behalf of his various clients.
According to the complaint, Das directed the consultant to immediately pay an around Rs. 1 lakh.
A CBI statement said that after Das was caught accepting the alleged bribe, his bag was searched. Officials recovered another Rs. 1 lakh in cash kept in various envelopes.
Subsequently, the CBI conducted searches at his residence and office premises in Mumbai, Titwala and Kolkata.
During the searches, the CBI team recovered Rs. 25 lakh in cash and gold coins weighing 150 gram from Das' Titwala home.
Das was produced before the special court and was sent to police custody till Tuesday. According to the CBI, Das joined the bank's Mumbai main branch last year, after being transferred from Kolkata.