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CBI NABS AN EXECUTIVE DIRECTOR, POWER GRID CORPORATION OF INDIA, FIVE OTHERS, RECOVERED Rs. 93 LAKH

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PANCHKULA CBI COURT REMANDED ACCUSED  CUSTODY  TILL JULY 15

(MOREPIC1) New Delhi/Panchkula (Face2News)

The Central Bureau of Investigation (CBI) has arrested an Executive Director of Power Grid Corporation of India Ltd, Itanagar (Arunachal Pradesh) B.S. Jha, five others of a private company based at Noida (Uttar Pradesh) including Executive Vice President Deshraj Pathak and Assistant VP R N Singh ,& Head (Transmission & Distribution)  RPM and two employees.

A case was registered against an AExecutive Director, Power Grid Corporation of India Ltd., Itanagar (Arunachal Pradesh) and others including private company based at Noida (Uttar Pradesh) & its Executive Vice President & Head (Transmission & Distribution); Assistant Vice President & Business Head- Distribution; RPM; two employees & unknown others.

It was alleged that the public servant in conspiracy with others was involved in extending favours to the said private company for various works viz. preparation of inflated bills, early clearing of bills, PVC (Price Variation Clause) etc. related to contracts of Power Grid Corporation of India Ltd., in lieu of demand & acceptance of illegal gratification. It was further alleged that the said company has bagged tenders, pertaining to a comprehensive scheme for Arunachal Pradesh and Sikkim, from Power Grid Corporation of India Ltd.(SUBHEAD)

Searches were conducted at 11 premises of the said accused located in Gurugram, Noida, Ghaziabad which led to recovery of numerous incriminating documents, materials, digital devices etc. A cash of Rs. 93 lakh (approx.) was recovered from the residence of Executive Director of Power Grid Corporation of India Limited.

The arrested accused were produced today before the Court of Special Judge, CBI cases, Panchkula (Haryana) and were remanded to Police Custody up to 15.07.2022.

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