CBI conducts searches in corruption case against Gas Authority of India Limited official

CBI conducts searches in corruption case against Gas Authority of India Limited official

New Delhi India January 15, ANI The Central Bureau of Investigation CBI conducted searches in Delhi and Noida in connection with a bribery case filed on Saturday against ES Ranganathan, Director Marketing at Gas Authority of India Limited.

Sources said that the team of CBI recovered Rs 1.30 crore cash and other valuables during the raids in Ranganathan's premises. The raid is underway.

A senior CBI officer informed that CBI has registered a suit against E S Ranganathan, Director Marketing GAIL, and others, including Private persons, private companies, and unknown others, about the allegations that the Director Marketing Gas Authority of India Ltd. GAIL in Bhikaji Cama Place in New Delhi has been indicted by the private companies buying petrochemical products marketed by the GAIL.

It was said that at the direction of representatives of the private company, a private person had requested the Public Servant of GAIL to allow some discount to the buyers on petrochemical products being marketed by GAIL in lieu of illegal gratification. It was also claimed that a private person had also collected Rs 40 lakh from the accused earlier in the matter.

A private person and a Director of a Private Company based in Delhi was arrested by the CBI when a private person from the said Director of Private Company received a bribe of Rs 10 lakh on behalf of Director Marketing GAIL.

The searches were conducted at the premises of accused in Delhi, Noida, Gurgaon, Panchkula, Karnal and so on, which has resulted in the recovery of Rs 1.30 crore approximately cash, including recovery of Rs 75 lakh from a Gurgaon based private person. There are still searches at the premises of the public servant.