Officials gave this information on Saturday. He said that the alleged bribery case pertains to giving exemption to private companies buying petrochemical products marketed by Maharatna company.
After registering the case on Friday, the CBI raided around eight places in Delhi-NCR, including Ranganathan’s office at Bhikaji Cama Place in Delhi and his residence in Sector 62, Noida.
The CBI claims that it has so far recovered Rs 1.3 crore in cash from Ranganathan’s premises.
Apart from Ranganathan, the agency has also arrested middlemen Pawan Gaur and Rajesh Kumar, alleged bribe taker N Ramakrishnan Nair as well as businessman Saurabh Gupta and his Panchkula-based company United Polymer Industries and Aditya Bansal and his Karnal-based company Bansal Agency, officials said. A case has also been registered against him.
CBI spokesperson RC Joshi said, “The CBI laid a trap and arrested a Delhi based private person (Gaur) and a director (Kumar) of a private company when the said private person was allegedly on behalf of Director (Marketing) of GAIL. Was allegedly taking bribe of Rs 10 lakh from him.
The agency has so far arrested five people in the case, but Ranganathan is yet to be taken into custody. Sources said that the search is still on.
He said that later searches were conducted at the premises of the accused in Delhi, Noida, Gurgaon, Panchkula, Karnal etc., in which about Rs 84 lakh has been recovered so far.