CBI Arrests Bank Manager and Assistant in Bihar for Bribe Over Government Loan Subsidy

CBI arrests bank manager and assistant in Bihar for allegedly accepting bribe to release government loan subsidy under PMEGP scheme.

CBI Arrests Bank Manager and Assistant in Bihar for Bribe Over Government Loan Subsidy

Patna: The Central Bureau of Investigation (CBI) has arrested a bank manager and an assistant in Bihar’s Sitamarhi district for allegedly accepting a bribe to release a government loan subsidy.

Vivek Kumar, branch manager of Bihar Gramin Bank in Babhangaama, and Saurav Kumar, a contractual employee, were apprehended while accepting Rs 10,000 from a complainant. The bribe was reportedly demanded for processing the subsidy component of a loan under the Prime Minister’s Employment Generation Programme (PMEGP), a scheme aimed at supporting small entrepreneurs.

According to a CBI statement, the complainant had previously been sanctioned and disbursed a loan under PMEGP in 2022. However, the bank officials allegedly demanded Rs 15,000 to release the subsidy portion of the loan. After receiving a complaint, the CBI laid a trap and caught both officials red-handed while accepting Rs 10,000.

Both individuals were taken into custody and transported to Patna for further questioning. The CBI has registered a case and is continuing its investigation.