Maharashtra: CBI Arrests Union Bank Of India’s Recovery Agent In Bribery Case

Mubarak Ansari

Aurangabad, 10th June 2021: The Central Bureau of Investigation (CBI) has arrested a Recovery Agent working with Union Bank of India, Main Branch, Aurangabad (Maharashtra) in a bribery case.

CBI has registered a case against Recovery Agent Suresh Bhalerao working with Union Bank of India, Main Branch, Paithan Gate, Aurangabad and unknown public servant on a complaint.

It was alleged that the Recovery Agent was demanding an undue advantage of Rs one lakh for getting sanction and disbursement of the loan amount of Rs 10 lakh under the Prime Minister Employment Guarantee Scheme (PMEGP).

During the follow-up action, CBI caught the accused at Aurangabad, while demanding and accepting undue advantage of Rs 30,000 and Rs 50,000 from the complainant in the form of two bearer cheques. A search was conducted at the premises of the accused at Aurangabad which led to the recovery of incriminating documents. The role of bank officials is also being investigated, CBI said.

The accused was produced before the Special Court, Aurangabad. The accused was earlier in Police Custody and was sent to Judicial Custody by the Court on 08.06.2021.