CBI hands over GAIL marketing manager ES Ranganathan in bribery case

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The Central Bureau of Investigation (CBI) has charged Director (Marketing) of Gas Authority of India Limited (GAIL) (Marketing) ES Ranganathan in a bribery scandal involving the sale of petrochemicals manufactured by GAIL at discount prices. A CBI statement said the investigative agency carried out searches at the defendant’s premises in Delhi, Noida, Gurgaon, Panchkula and Karnal, among others. This has led to the recovery of around Rs 84 lakh so far, which includes the recovery of Rs 75 lakh from an individual based in Gurgaon.

Other defendants in the case are Pawan Gaur (an individual), Rajesh Kumar (director of Rishabh Polychem, Delhi), N Ramakrishnan Nair (a resident of Gurgaon), Saurabh Gupta (associate of United Polymer Industries, Panchkula) and Aditya Bansal (associated with the Bansal and Karnal agencies). CBI said these five defendants have been arrested in this case so far. United Polymer Industries and Bansal Agencies were also named in the CBI’s First Information Report (FIR).

CBI also said searches were continuing at Ranganathan’s premises.

The CBI alleged that Ranganathan “engaged in corrupt and illegal activities as part of a conspiracy with other defendants who acted as his intermediary, obtaining bribes from private companies buying petrochemicals marketed by the GAIL”.

CBI said they set a trap and apprehended a private person and a director of a Delhi-based private company with an alleged bribe of Rs 10 lakh which was collected on Ranganathan’s behalf.

According to the CBI FIR, the director of GAIL (marketing) had demanded a bribe of Rs 15 lakh for issuing the surrender order in favor of the beneficiary companies.

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