CBI Nabs Bank Manager and Associate in Bribery Case Tied to PMEGP Loan

The CBI arrested two individuals, including a branch manager of Prathma UP Gramin Bank in Uttar Pradesh, for accepting a bribe related to a PMEGP loan. The arrests followed a trap set by the CBI. Incriminating documents were found during the search operation.

The Central Bureau of Investigation (CBI) has arrested two individuals, including the branch manager of Prathma UP Gramin Bank in Bijnor district, Uttar Pradesh, over bribery charges related to the Prime Minister's Employment Generation Programme (PMEGP) Scheme. The accused have been identified as Priyanshu Tyagi, the bank's branch manager, and Madan Singh, a private associate.

A case was registered following a complaint that Tyagi demanded an illegal gratification of Rs. 60,000 to sanction a PMEGP loan of Rs. 6 lakh. A CBI operation exposed the accused accepting a bribe of Rs. 30,000 as the first installment.

CBI is conducting searches at the residences of both suspects in Bijnor, uncovering incriminating documents and articles. The accused are set to appear before the Court of Special Judge for CBI cases in Ghaziabad. The investigation is ongoing, according to ANI.