Inspector SK Jha and chief manager of Syndicate Bank Sambi Reddy, both working in Banking Securities and Fraud Cell (BS&FC) of CBI, were arrested after they took Rs one lakh in bribe from the complainant.
A case under prevention of corruption act has been registered on the complaint of the person who alleged that the bank officer demanded a bribe of Rs 25 lakh to ensure relief to him in a Rs 30 crore bank fraud case. Subsequently, the demand was brought down to Rs 10 lakh, to be paid in two installments of Rs 5 lakh each, the complainant said.
Jha, who was the investigating officer in the case against the complainant, was hands in glove with Reddy.
A trap was laid and Reddy was caught red handed while demanding and accepting a bribe of Rs 1 lakh from the complainant. Later, investigations revealed that Jha was also allegedly a part of the conspiracy along with the bank officer and was arrested, said CBI spokesperson Kanchan Prasad.
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