New Delhi, July 16: The Central Bureau of Investigation (CBI) has arrested the Managing Director of Karnataka Antibiotics and Pharmaceuticals Limited (KAPL), Bengaluru, a Central Public Sector Enterprise, by laying a successful trap on 15.07.2026, in a bribery case, at Noida.
The accused Managing Director had demanded an undue advantage of around Rs. 15 lakhs from a Bhopal based firm which is an authorized service agent of KAPL and engaged in the supply of medicines to the Govt. institutions in the State of Madhya Pradesh.
The bribe amount was demanded for approving the Service Agent Agreement of the firm as well as an application for assigning additional institutions to firm which were pending for renewal for the current financial Year and as a cut on the commission received by the firm from the sale of medicines in the current year.
The accused Managing Director was caught red handed from Noida while accepting an undue advantage of Rs. 5 Lakh as part payment of the demanded bribery amount of Rs. 15 Lakh.
Searches were conducted at the residential and office premises of the accused in Bengaluru, Noida and Jabalpur. Around Rs. 75 Lakh in cash and foreign currency worth Rs. 4 Lakh were seized from his Noida residence and office chamber in Bengaluru besides 697 grams gold jewellery and coins worth Rs. 86 Lakh approximately and property document of residential flat of the accused.
