New Delhi, Sep 1 (UNI) The Central Bureau of Investigation (CBI) today said it had arrested the Branch Head of UCO Bank’s Mathura branch in connection with a bribery case involving four lakh rupees.
The CBI stated that it registered a case during the day against Garima Singh, the branch head of UCO Bank’s Mathura branch.
“Garima Singh had demanded a bribe from a man, stating she required the money to release the remaining funds of his loan,” said an official.
“His firm had availed a CC loan of Rs. 1 crore from UCO Bank. However, the firm was disbursed only Rs. 90 lakh of the entire sanctioned amount. The remaining Rs. 10 lakh was put on hold by Ms. Singh with a mala fide intention to demand undue advantage from the victim.”
The official further said that when the complainant’s son visited the bank to get the remaining Rs. 10 lakh disbursed, the branch head demanded a bribe of Rs. four lakh. This amounted to a 4% commission on the sanctioned loan of Rs. 1 crore.
The CBI laid a trap and caught the accused red-handed along with an accomplice while she was demanding and accepting an illegal gratification of Rs. two lakh as a partial payment.
