New Delhi, February 01: CBI has arrested an Assistant General Manager of market regular SEBI for allegedly demanding and accepting a bribe of Rs 25 lakh.
Official sources said R P Singh, an AGM of the Securities and Exchange Board of India (SEBI)in Kolkata, was arrested by CBI’s anti-corruption wing on Sunday evening.
“The officer has been suspended with immediate effect,” a SEBI official told PTI from Mumbai.
It is alleged in the complaint that the SBEI officer asked the Director of a Kolkata-based group of companies to furnish some documents and other particulars of the business being transacted by one of its companies as a corporate agent of LIC and GIC.
“He demanded a bribe of Rs 25 lakh from the complainant for not pursuing the matter.
–Agencies