CBI Arrests GAIL's Marketing Head E S Ranganathan In Bribery Case

New Delhi: The Central Bureau of Investigation (CBI) has arrested Gas Authority of India Limited (GAIL)'s Director (Marketing) E S Ranganathan in a bribery scandal.

Reportedly, he was involved in the sale of petrochemicals manufactured by GAIL at a discount.

''The investigative agency conducted searches at the premises of the accused at Delhi, Noida, Gurgaon, Panchkula and Karnal among others. This led to the recovery of approximately Rs 84 lakh so far which includes recovery of Rs 75 lakh from a Gurgaon-based private person,'' CBI said in a statement.

Apart from Ranganathan, the agency also nabbed five other accused in this regard. The accused are Pawan Gaur (a private person), Rajesh Kumar (director of Rishabh Polychem, Delhi), N Ramakrishnan Nair (a Gurgaon resident), Saurabh Gupta (associated with United Polymer Industries, Panchkula), and Aditya Bansal (associated with Bansal Agencies, Karnal).

According to CBI, searches are underway at the premises of Ranganathan.

In a bid to unearth the crime and nabbed them, the agency had laid a trap and apprehended a private person and a Director of a Private company based in Delhi with an alleged bribe amount of Rs 10 lakh which was collected on behalf of Ranganathan.

As per the CBI's FIR, the GAIL Director (Marketing) had demanded a bribe of Rs 15 lakh for issuing the discount order in favour of the beneficiary companies.

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