Gail Director arrested by CBI in bribery case
It is alleged that Ranganathan was collecting bribes from perspective beneficiaries of discounts to private companies buying petro chemical products marketed by the Maharatna PSU, officials said.
Published: 16th January 2022 11:52 AM | Last Updated: 16th January 2022 02:23 PM | A+A A-
A view of Central Bureau of Investigation (CBI) headquarters in New Delhi. (File photo | Express)
NEW DELHI: The CBI has arrested the director (marketing) of GAIL in a case of allegedly taking bribe of over Rs 50 lakh from perspective beneficiaries of a policy of providing discounts to dealers selling products of the Maharatna PSU, officials said Sunday The CBI had unearthed the alleged bribery scam involving Ranganathan, middlemen, and businessmen, and arrested five individuals on Saturday, they said.
The central agency had conducted searches at eight locations including the office and residence of Ranganathan, they said.
"Cash of Rs 1.29 crore (approx), and gold jewellery & other valuables were recovered during searches from the premises of said accused (Ranganathan)," CBI Spokesperson RC Joshi said.
It is alleged that Ranganathan was collecting bribes from perspective beneficiaries of discounts to private companies buying petro chemical products marketed by the Maharatna PSU, officials said.
