2 I-T officials held for accepting Rs 80,000 bribe

Tribune News Service

New Delhi, November 13

The CBI has arrested two Income Tax inspectors in Hyderabad for allegedly accepting a bribe of Rs 80,000 for closing a pending tax matter, officials said on Friday.

The agency has also booked three officials of Syndicate Bank, Nizamabad, in a loan fraud case.

The accused, Upender and Purushotham, were produced before a local court for judicial remand on Thursday.

It is alleged that the complainant had a pending tax matter for which the duo demanded the bribe, they said.

The CBI officials conducted raided the office of the accused and caught them red-handed.

The CBI has registered cases against them and initiated a probe into the case, they said.

Meanwhile, a senior agency official said, “The CBI has registered a case against the then AGM, Regional Office, Syndicate Bank, Nizamabad; the then two Chief Managers, Syndicate Bank, Chanda Nagar, Hyderabad, and others, including private persons and unknown persons, in a loan fraud case.”

It was alleged that a civil contractor approached Syndicate Bank, Chandanagar branch, Hyderabad, and availed Rs 500 lakh as working capital and Rs 500 lakh as bank guarantee during the period 2016-17 to meet the expenses of his contract works, the officials said, adding that the account soon slipped to the NPA, with an outstanding loan of approximately Rs 872.92 lakh during June, 2017.