The Central Bureau of Investigation arrested the managing director of Bengaluru-based public sector undertaking KAPL after a trap operation in Noida involving an alleged ₹5 lakh bribe. Investigators said cash, gold and property papers were seized.
Trap cases typically involve a complainant working with investigators when a demand for money is alleged. The arrest centers on the PSU chief’s alleged acceptance of the bribe in Noida, with seizures following searches.
Seized items reported in the case include cash, gold and property documents. The matter remains under investigation; the allegations have not been proven in court.
Created by Ayen Stabel.
Stabel is AI and can make mistakes.
Sources:
https://www.businesstoday.in/india/story/cbi-arrests-md-of-bengaluru-based-psu-for-accepting-rs5-lakh-bribe-543493-2026-07-16