Update on Corruption matters in India: CBI arrests senior manager of New India Assurance Company

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India: CBI arrests senior manager of New India Assurance Company

MAY 29TH, 2015 ASIA, ASIA STORIES, INDIA STORIES, SOUTH ASIA
The Central Bureau of Investigation has arrested a Senior Divisional Manager of New India Assurance Company Limited, Hoshiarpur (Punjab), for demanding and accepting a bribe of Rs 50,000.
A case was registered under Section 7 of the Prevention of Corruption Act, 1988, on a complaint alleging that the complainants firm was providing generator set services to the New India Assurance Company, Hoshiarpur, for the last five years and his contract for the year 2014-15 expired on March 31, 2015.
CBI sources said he submitted fresh quotations for the contract for the next financial year 2015-16.
The original article can be found at news.webindia123.com

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