New Delhi: CBI has arrested the executive director of Rourkela Steel plant for allegedly taking bribe of Rs one lakh from a contractor.
CBI sources said B P Verma, Executive Director (Works) allegedly asked a company, Vesuvius India Limited, to oblige him with bribe as he “went out of the way” to hand over work orders worth crores.
The company official V K Singh decided to given the Executive Director a costly watch and Rs one lakh as he felt that Verma was soon going to become the CEO and might harm its future prospects, the sources said.
The meeting was scheduled yesterday in Rourkela about which the CBI got an input and carried out a raid at the venue, the sources said.
During the raid, the bribe amount and the watch was recovered by the team, they said.
The agency later carried out searches at the residence and office of Verma during which Rs 20 lakh was recovered in new currency.