LUCKNOW: The Central Bureau of Investigation (CBI) has arrested the Branch Manager and Credit Officer of Bank of Baroda’s Koireepur branch in Uttar Pradesh’s Sultanpur district for allegedly demanding and accepting a bribe to release an overdraft facility under the Chief Minister Yuva Udyami Yojana.The accused have been identified as Swarnim Srivastava, Branch Manager, and Pushpak Chaudhary, Credit Officer, both posted at the Bank of Baroda’s Koireepur branch.According to the CBI, the case was registered on July 13 following a complaint alleging that the complainant had been sanctioned a loan of Rs 5 lakh under the CM Yuva Udyami Yojana.While the term loan component had already been disbursed, the overdraft (OD) facility was still pending.The complainant alleged that the Branch Manager and Credit Officer demanded a bribe of Rs 45,000 for processing and disbursing the overdraft amount.Acting on the complaint, the CBI laid a trap on July 14 and allegedly caught Credit Officer Pushpak Chaudhary red-handed while accepting Rs 35,000 from the complainant.The agency said the money was accepted in collusion with and at the behest of Branch Manager Swarnim Srivastava.Both accused were arrested on July 14 and are being produced before the competent court in Lucknow. The investigation is continuing.
