Bank manager in CBI net for taking bribe

YAVATMAL: The branch manager of Allahabad Bank in Bhamraja village was caught red handed by sleuths of CBI’s Nagpur unit on Wednesday when he was accepting a bribe of Rs 1,500 from a farmer of the village.
The accused Rajendran Nair had demanded bribe from a farmer Mohammad Nasir. A loan of Rs 22,000 was sanctioned to him. However, there was delay in release of the payment.When Nasir approached Nair, the manager demanded Rs 1,500 to expedite the process.
Unwilling to pay the bribe, Nasir approached the CBI office. The sleuths of CBI laid a trap and when Nasir handed over the money to Nair and signaled the CBI sleuths, who were lying in wait, they sprang into action and nabbed the manager.
The CBI team took Nair to Nagpur for preliminary investigations but later handed him over to Yavatmal police. The local police produced the accused before the Yavatmal court and obtained his PCR. Further investigation is in progress.
Farm activists have been alleging that there is widespread corruption and red-tapism in nationalised banks regarding crop loan processing. The arrest of the manager has proved that the allegations are true.