CBI recovers Rs 2.61 crore from Railway chief manager’s premises

| | New Delhi
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CBI recovers Rs 2.61 crore from Railway chief manager’s premises

Thursday, 14 September 2023 | PNS | New Delhi

The CBI on Wednesday said it recovered Rs 2.61 crore in cash during searches at the premises of Principal Chief Material Manager of North Eastern Railway, Gorakhpur, KC Joshi in a bribery case of Rs three lakh.  The arrested accused Joshi is a 1988-batch Indian Railway Stores Service (IRSS) officer.

Joshi was arrested on Tuesday evening while allegedly receiving Rs 3 lakh as a bribe from a contractor who is the complainant in the case, officials said.

The contractor had approached the CBI with a complaint that his firm provides products and services to the North Eastern Railways and had received a yearly contract for the supply of three trucks on a contractual basis, for which he was supposed to get Rs 80,000 per truck per month.

He alleged that Joshi was seeking Rs 7 lakh as a bribe by threatening to get his firm de-registered from the Government e-Marketplace (GEM) website and cancel his contract, they said.

The Central Bureau of Investigation verified the allegation and laid a trap where the exchange of the part payment of the bribe was planned, they said.

Joshi was nabbed in the process, following which the searches were conducted at his residential premises in Gorakhpur and Noida, where Rs 2.61 crore in cash besides incriminating documents were seized, they said.

The arrested accused is being produced before the Competent Court in Lucknow, the CBI said.  

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