Govt suspends CMD of Syndicate Bank, CBI arrested him for accepting bribe of 50 lakhs

Parijat Tripathi

The Ministry of Finance received the report from the Central Bureau of Investigation (CBI) of Syndicate Bank Chairman & Managing Director S K Jain, who has been arrested by CBI for allegedly accepting a bribe of Rs 50 lakh to enhance the credit limit of some companies.
On the basis of CBI report, government has suspended S K Jain.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *