CBI arrests its own Inspector along with a Bank Officer
WHAT do you do when the fence eats your crop?
Sambi Reddy, a Chief Manager of Syndicate Bank was working with CBI in its Banking Securities & Fraud Cell (BS&FC). There was another bank officer whose case of a fraud of Rs. 30 crores was being investigated by CBI. Reddy is alleged to have demanded a bribe of Rs. 25 lakhs from the other bank officer. Finally the amount was settled for Rs. 10 lakhs to be paid in two instalments.
Little did Reddy suspect that there is an outer fence, and Reddy was caught red handed while accepting an amount of Rs. 1 lakh. During interrogation Reddy told CBI that an Inspector in CBI SK Jha (who was investigating the bank fraud case) was also part of the deal. And the CBI immediately nabbed him too. Jha is on deputation to CBI from CISF.