New Delhi, 7 July
The CBI has arrested Power Grid Corporation of India executive director BS Jha and five executives of Tata Projects, including its executive VP Desh Raj Pathak and assistant VP RN Singh, in a case of alleged bribery to favor a private company. , officials said on Thursday.
He said the probe agency on Wednesday arrested the accused after conducting searches at 11 places, which continued till Thursday and recovered Rs 93 lakh from Jha’s premises in Gurugram.
They said Jha, who was posted in Itanagar, was under the watch of the Central Bureau of Investigation (CBI), during which the agency got an input that he was allegedly taking bribes from officials of Tata Projects and other companies to do favors. , They said.
He said the Tata projects were awarded the contract under the World Bank-funded North Eastern Region Power System Improvement Project, a comprehensive scheme to improve the region’s power infrastructure.
He said that the company is working in Sikkim and Arunachal Pradesh region under this scheme.
“We follow strong norms in all our business transactions and have zero tolerance for any settlement on the same. A Tata Projects spokesperson said, “We will extend our full support to the authorities concerned.
Role of Desh Raj Pathak, Executive Vice President and SBU Head (Transmission & Distribution) India, SAARC and SEA at Tata Projects Limited; and RN Singh, AVP Business Head- Distribution came to light when the CBI was tracking Jha’s activities.
The CBI has alleged that Jha was doing a criminal conspiracy to favor Tata Projects by doing various things, including preparation of inflated bills in return for illegal kickbacks from the company, expeditious clearing of bills and price variation clauses. were involved.
He said that all the six arrested accused would be produced in the Panchkula court on Thursday.