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The Hindu·2 min read·medium

CBI arrests KAPL Managing Director in ₹15 lakh bribery trap; cash, gold seized

T
The Hindu Bureau
CBI arrests KAPL Managing Director in ₹15 lakh bribery trap; cash, gold seized
✦AI Summary

The CBI arrested the Managing Director of Karnataka Antibiotics and Pharmaceuticals Limited (KAPL) for allegedly accepting a bribe. Authorities seized significant amounts of cash, gold, and property documents during subsequent raids.

Why it matters

This case highlights ongoing anti-corruption efforts within Indian public sector enterprises.

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The Central Bureau of Investigation (CBI) has arrested Anurag Danayak, Managing Director of Karnataka Antibiotics and Pharmaceuticals Limited (KAPL), in a bribery case after laying a successful trap in Noida.

According to the CBI, the accused allegedly demanded a bribe of ₹15 lakh from a Bhopal-based authorised service agent of KAPL for approving the firm’s Service Agent Agreement, clearing the renewal of pending applications for the current financial year, assigning additional government institutions in Madhya Pradesh, and seeking a share of the firm’s commission from medicine sales.

CBI officials caught Danayak red-handed while allegedly accepting ₹5 lakh as part payment of the demanded bribe on Wednesday in Noida.

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