Director General Corporate Affairs BK Bansal, an additional secretary-rank officer in Ministry of Corporate Affairs, arrested by CBI in a bribery case, was on Sunday remanded in two days of the agency’s custody by a special court here. CBI during its searches at eight locations in connection with the case claimed to have recovered over Rs 56 lakh from Bansal, while Rs 16 lakh were recovered from Delhi-based middle man Vishwadeep Bansal, the agency sources said.
The duo along with two others were arrested on Saturday evening in connection with the bribery case involving Rs 20 lakh. The sources said Bansal, working in the Ministry of Corporate Affairs, was nabbed while receiving Rs nine lakh of the bribe amount which was second instalment of the agreed upon amount.
Bansal, Senior Administrative Grade officer of Indian Corporate Law Service (ICLS), was promoted to the post of Director General of Corporate Affairs (DGCA) last year.
A CBI spokesperson said a case was registered under provisions of Prevention of Corruption Act, 1988 on allegations that Bansal had been dealing with matters related to certain violations committed by Mumbai-based Pharmaceutical company Elder Pharmaceuticals.