The Central Bureau of Investigation (CBI) has apprehended a Panel Advocate associated with Indian Bank, Kolhapur, Maharashtra, on charges of demanding and accepting a bribe of ₹1.70 lakh from a complainant.
Case Details:
On 10.12.2024, the CBI registered a case based on a formal complaint filed against the accused advocate, a resident of Ichalkaranji. According to the allegations, the advocate demanded a bribe of ₹2.5 lakh from the complainant. The demand was made to delay the bank’s possession proceedings of the complainant’s mortgaged property under the SARFAESI Act.
The complainant had pledged the property as collateral for a loan amounting to ₹5.5 crore, which subsequently turned into a Non-Performing Asset (NPA). After negotiations, the accused agreed to lower the bribe amount first to ₹1.80 lakh and then further reduced it to ₹1.70 lakh.
CBI Trap and Arrest:
Acting on the complaint, the CBI organized a trap to apprehend the accused. On 10.12.2024, the accused was caught red-handed at his office while demanding and accepting the bribe of ₹1.70 lakh from the complainant.
Search Operations:
Following the arrest, the CBI conducted searches at the residential and official premises of the accused in Ichalkaranji. These searches led to the recovery of several incriminating documents, which are now part of the investigation.
Legal Proceedings:
The arrested advocate will be presented before the Hon’ble District Judge-1 at Ichalkaranji, Kolhapur, Maharashtra, on 11.12.2024, for further legal proceedings.
Current Status:
The CBI has stated that the investigation is ongoing to uncover further details and gather additional evidence related to the case. This arrest is part of CBI’s continued efforts to tackle corruption and ensure accountability within institutions.
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