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CBI Catches Bank Officials Red-Handed Taking Bribe in Andhra Pradesh

Indian Community Editorial TeamBy Indian Community Editorial TeamApril 19, 20261 Min ReadNo Comments Add us to Google Preferred Sources
CBI Catches Bank Officials Red-Handed Taking Bribe in Andhra Pradesh
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A team from the Central Bureau of Investigation (CBI) apprehended three bank officials, including the chief manager, in Andhra Pradesh’s Eluru district while accepting a bribe. The arrested individuals, comprising the chief manager, Clerk-cum-cashier, and gold appraiser, all worked at the Indian Bank branch in Eluru.

The CBI officials nabbed the accused after they were caught demanding and receiving a bribe of Rs 25,000 from a complainant. The arrested staff members were identified as Banavatu Nagu, Chief Manager, Annumalasetty N. Kumarm, Clerk-Cum-Cashier, and Krishna Prasad, Gold Appraiser.

Following a complaint by the victim alleging coercion to pay Rs 25,000 for approval on the sanctioned CC limit, the CBI initiated an investigation. The complainant, who operates an auto agency in Eluru, had been granted an OCC limit of Rs 50 lakh by the Indian Bank, Narasimharaopeta Branch, Eluru, for his business operations.

The accused officials had demanded a bribe from the victim to maintain the smooth operation of his account after technical issues were raised. The CBI set up a trap and apprehended the accused individuals while they were accepting a bribe of Rs 25,000. Subsequently, all three suspects were arrested and presented before a court in Vijayawada.

Andhra Pradesh Annumalasetty N. Kumarm Banavatu Nagu Central Bureau of Investigation Eluru district Indian Bank Krishna Prasad Vijayawada
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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