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Essar Group manager, others arrested on bribery allegations

( May 4, 2017, 09:25 GMT | Insight) -- India's Central Bureau of Investigation yesterday arrested a high-level Essar Group official, an income tax commissioner and four others in connection with a bribery case, seizing 15 million rupees ($233,272) in the process, the Financial Express reports. India's Central Bureau of Investigation yesterday arrested a high-level Essar Group official, an income tax commissioner and four others in connection with a bribery case, seizing 15 million rupees ($233,272) in the process, the Financial Express reports. Essar later said it stood behind Managing Director Pradip Mittal and all of its executives, and categorically denied all allegations while cooperating fully with CBI officials. The CBI alleged that Mittal had passed an order in favor of Essar's own Balaji Trust in exchange for a 20 million rupee bribe. The accused, who were arrested in several raids conducted on Wednesday, will appear before a designated court in soon. ...

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