The Central Bureau of Investigation (CBI) has booked Fuel Authority of India Limited (GAIL)’s Director (Promoting) E S Ranganathan in a bribery scandal involving the sale of petrochemicals made by GAIL at a price reduction. A CBI assertion said, that the investigative agency conducted searches at the premises of the accused at Delhi, Noida, Gurgaon, Panchkula, and Karnal among some others. This led to the recovery of about Rs eighty four lakh so far which contains recovery of Rs 75 lakh from a Gurgaon-centered personal man or woman.
The other accused in the scenario are Pawan Gaur (a personal man or woman), Rajesh Kumar (director of Rishabh Polychem, Delhi), N Ramakrishnan Nair (a Gurgaon resident), Saurabh Gupta (related with United Polymer Industries, Panchkula), and Aditya Bansal (related with Bansal Organizations, Karnal). CBI said that these five accused have been arrested in this scenario until now. United Polymer Industries and Bansal Organizations have also been named in the CBI’s first information report (FIR).
CBI also said that searches were being continuing at the premises of Ranganathan.
The CBI has alleged that Ranganathan was “indulging into corrupt and unlawful pursuits in conspiracy with other accused who were being performing as his middleman, by obtaining bribe from the personal companies getting petrochemical goods marketed by the GAIL.”
CBI said that it laid a lure and apprehended a personal man or woman and a Director of a Non-public Corporation centered in Delhi with an alleged bribe volume of Rs 10 lakh which was collected on behalf of Ranganathan.
In accordance to the CBI’s FIR, the GAIL Director (Promoting) experienced demanded a bribe of Rs fifteen lakh for issuing the price reduction get in favour of the beneficiary companies.