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Debt recovery panel officer held for bribery

Monday - June 26, 2017 4:02 pm , Category : BUSINESS
 Debt recovery panel officer held for bribery
Debt recovery panel officer held for bribery

Mumbai June 26 (IANS) A recovery officer with the Debt Recovery Tribunal (DRT) in Mumbai and his accomplice were arrested for allegedly demanding Rs 7 lakh bribe for releasing payment in a case a CBI official said on Monday.

The recovery officer demanded Rs 7 lakh bribe from the complainant and instructed him to hand over the amount in the form of a cheque to a private person (middleman) for releasing payment in favour of complainant s client said the Central Bureau of Investigation (CBI) officer.

Recovery officer B.S. Sane and middleman Vijay Kumar were arrested on Sunday and produced before a special court which sent them to the agency s custody till June 28.

The agency also conducted raids at Sane s residence and recovered documents of fixed deposits worth Rs 65 lakh Kisan Vikas Patra investments worth Rs 9 lakh and some property documents.

--IANS
rak/vd