LATEST UPDATE: Vigilance Bureau nabs IDFC bank official for taking bribe Rs 40,000

Adesh Parminder Singh
VIGILANCE BUREAU PUNJAB

Vigilance Bureau nabs IDFC bank official for taking bribe Rs 40,000

Chandigarh (CDT NEWS) –

Aiming to curb the menace of corruption in the state, the Punjab Vigilance Bureau (VB) on Tuesday arrested Bikramjit Singh, a Collection Manger, of IDFC Bank, at Feroze Gandhi Market, Ludhiana for demanding and accepting a bribe of Rs 40,000.
Disclosing this here today an official spokesperson of the state VB said this case has been registered against the above mentioned employee of a private bank on a complaint lodged by Ravinder Kumar, a resident of Sarabha Nagar, Ludhiana.

He further added that the complainant has approached the VB range Ludhiana and recorded his statement that he is running a readymade garments shop named Silver Mod Fashions at Pakhowal road, Ludhiana. The complainant had taken a loan of Rs 13,32,379 for 4 years on 30.9.20 from the above said IDFC Bank under Grand Emergency Credit Line (GECL) scheme of RBI. He approached the said collection manager to close his loan account by clearing all remaining amount/instalments.

After discussions he repaid all the loan amount but his loan account was not closed. When he met the said Collection Manager in this regard, he demanded Rs 40,000 as a bribe for getting the loan account closed from senior officers of the bank.
The spokesperson further informed that since the accused Collection Manager is a bank official and as per section 46-A of Banking Regulation Act 1946, he is deemed to be a public servant under prevention of corruption act. After a preliminary investigation of this complaint, the VB range Ludhiana laid a trap and the accused bank official has been arrested while accepting a bribe of Rs 40,000 from the complainant in his shop in the presence of two official witnesses. In this regard a case under prevention of corruption act has been registered at VB police station Ludhiana range against the accused Collection Manger Bikramjit Singh. Further investigation is under progress and the accused would be produced in the competent court tomorrow, he added.

Edited by Jagmohan Singh
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