Executive Director of GAIL Arrested In Rs 50 Lakh Bribery Case
- Posted on September 5, 2023
- News
- By Sunshine
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In a significant development, the Central Bureau of Investigation (CBI), has arrested an executive director of GAIL (India) Ltd., along with four other individuals, in connection with an alleged bribery case involving a sum of Rs 50 lakh.
The allegations revolve around purported illicit payments made to gain favour for certain contractors involved in gas pipeline projects, according to an official statement.
GAIL, responding to this unfolding situation, has officially confirmed the arrests through a regulatory filing, underlining the seriousness of the matter.
The alleged bribery scandal is said to be connected to two major GAIL pipeline initiatives – the Srikakulam to Angul project and the Vijaypur to Auraiya project. It is alleged that those arrested are accused of providing unlawful financial inducements in exchange for favorable treatment and influence in these crucial endeavors.
Promptly acting on credible information regarding this illicit activity, the CBI initiated an undercover operation, including the execution of search warrants at various GAIL senior management offices, ultimately leading to the apprehension of the suspects.
As the investigation unfolds, authorities have intensified their efforts, expanding their search operations to encompass multiple locations in Delhi, Noida, Uttar Pradesh, and Vishakhapatnam, with the aim of unearthing additional evidence and identifying potential accomplices involved in this intricate corruption network.
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