Chandigarh, September 24: The CBI on Tuesday arrested a senior manager of Punjab National Bank (PNB) along with a middleman for demanding Rs 1 lakh bribe for the part disbursement of a Rs 7.92 lakh loan for the purchase of buffaloes, the probe agency said.

A Central Bureau of Investigation (CBI) team laid a trap and caught the middleman, a private person, red-handed while accepting Rs 1 lakh bribe from the complainant on behalf of the PNB manager. RBI Restricts Activities of PMC Bank Due to Heightened Risks, Puts Rs 1,000 Limit on Withdrawals.

The manager and the middleman were subsequently arrested. The CBI also carried out a search at the premises of the accused in Haryana's Mohindergarh area.

The CBI has registered a case under the Prevention of Corruption Act based on a complaint against the bank manager employed with the PNB's Kanwali area branch in Haryana's Rewari district on allegations that he was demanding bribe.

"It was alleged that a loan amount of Rs 24,72,975 was approved by the Haryana Animal Husbandry Department to the complainant under a scheme for running a milk dairy unit at Kushpura village in Rewari district.

"The accused allegedly directed the complainant to hand over a bribe amount of Rs 1 lakh to the middleman in lieu of part disbursement of Rs 7,92,000 against the purchase of buffaloes," a CBI statement said.

(The above story first appeared on LatestLY on Sep 24, 2019 04:32 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).