MUMBAI: The Mumbai unit of the Central Bureau of Investigation arrested the former Chairman-cum-Managing Director and the General Manager of a central public-sector enterprise, Broadcast Engineering Consultants India Limited, in an alleged corruption case related to its sanction of a Rs 50 crore loan to a private firm for a Pune civic project.
The loan was not recovered and instead got diverted, thereby causing BECIL a Rs 58 crore loss, according to CBI.
The CBI arrested the accused duo, BECIL’s ex - CMD and General Manager on grounds of alleged misconduct, omissions and commissions during the performance of their official duties, after which a court remanded them to CBI’s custody till Saturday.
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