Fri. Sep 24th, 2021

Newsroom24x7 Network

New Delhi: The Central Bureau of Investigation has arrested the Chief General Manager (Finance), National Hydroelectric Power Corporation (NHPC) and two private persons, including the bribe giver in an alleged bribery case of Rs. five lakh (half a million).


A case was registered against the Chief General Manager (Finance) in National Hydroelectric Power Corporation (NHPC), Faridabad; Senior General Manager (Project) of a private company (Joint Venture); a private person; a private company (Joint Venture) based at Mumbai and unknown others.

It was alleged that the private company (Joint Venture) was working in Parbati Hydroelectric Project (Stage-II) of NHPC located near Kullu (Himachal Pradesh). It was further alleged that the said private company has two claims of Rs. 1.36 crore (approx) & Rs. 1.9 crore (approx) and some additional bill of Rs. 2 crore (approx) which were pending. The Senior General Manager (Project) of the private company (Joint Venture) requested the CGM (Finance), NHPC to expedite the process of payment and the CGM allegedly demanded the bribe to clear the payment.

CBI laid a trap and the Chief General Manager (Finance) was caught while accepting bribe of Rs. 5,00,000. The Senior General Manager (bribe giver) and the carrier of the bribe were also caught.

Searches were conducted at Faridabad (Haryana), Kullu (Himachal Pradesh) and Delhi which led to recovery of incriminating documents including those of property and financial dealings.

All the arrested accused will be produced before the Competent Court.

One arrested by CBI in Chit Fund case

CBI has arrested a private person in an ongoing investigation of a case related to the chit fund scam involving a Kolkata based private company.

Searches were conducted at 2 places in West Bengal which led to recovery of several incriminating documents.

It was alleged that the said accused entered into a conspiracy with other Directors of a Kolkata based private company which resulted in misappropriation and siphoning of fund illegally collected by the private Company from gullible investors. The accused allegedly acted as a middle man between private company involved and the regulators and got undue approvals in favour of the accused company from the regulatory authorities.

CBI had registered the case against the private company and others who collected funds to the tune of Rs.565 crore (approx) on 5 June 2014.


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