Business Standard

Madras Fertilizers chief manager held

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BS Reporter Chennai
The anti-corruption branch of the Central Bureau of Investigation (CBI) has caught red-handed P Gnana Sambandam, chief manager (process engineering and project acting) of Madras Fertilizers Limited (MFL), Chennai, while he was accepting a bribe amount of Rs 1 lakh.

Sambandam was accepting the money from KV Reddeppa, a sales coordinator of Chennai-based Hi-Tech Air Power Limited. Both of them, along with Yalavarthi Sreenivasalu, managing director of Hi-Tech Air Power, have been arrested, according to a CBI press release.

The amount was demanded and accepted by P Gnana Sambandam for awarding a tender for the supply and installation of RO membranes and issue of a certificate after a guaranteed test run to Hi-Tech Air Power, the release added.
 
Searches have been conducted at eight places in Chennai and two places in Bengaluru, which include various residences and offices.

The accused Sambandam, Reddeppa and Sreenivasalu are being produced before the special judge for CBI cases in Chennai. During the searches, several incriminating documents, files, hard discs and mobile phones were recovered. Investigation is in progress, the CBI stated in the release.

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First Published: May 28 2015 | 8:44 PM IST

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