Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • PM Modi in Manipur
  • Charlie Kirk killer
  • Sushila Karki
  • IND vs PAK
  • India-US ties
  • New human organ
  • Downton Abbey: The Grand Finale Movie Review
fp-logo
Micromax promoter gets 7 days in CBI custody in MCD bribery case
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Micromax promoter gets 7 days in CBI custody in MCD bribery case

Micromax promoter gets 7 days in CBI custody in MCD bribery case

Arlene • December 20, 2014, 22:40:54 IST
Whatsapp Facebook Twitter

Agarwal, one of the founders of Gurgaon-based Micromax Infomatics, and Tuli were arrested by the CBI while they were offering a bribe of R. 30 lakhs to the public servants in relation to a banquet hall.

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Micromax promoter gets 7 days in CBI custody in MCD bribery case

New Delhi: The Central Bureau of Investigation (CBI) today produced in court the five accused, including promoter of Micromax Rajesh Agarwal , in a case of bribery after they were caught on Wednesday, said a spokesperson of the agency.

The arrested persons include two officials of the Municipal Corporation of Delhi, one official of Delhi Development Authority, the managing director at Micromax Informatics Ltd Rajesh Agarwal and one more person Manish Tuli.

STORY CONTINUES BELOW THIS AD

A court subsequently remanded Agarwal and the others who were arrested in the case to seven days in the CBI’s custody.

During the hearing, CBI sought seven days police custodyof the accused to find out how many other government officialsor persons were involved in the case.

More from Business
Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution

The agency said their custody was required to unearth"the larger conspiracy".

Agarwal, one of the founders of Gurgaon-based Micromax Infomatics, and Tuli were arrested by the CBI on charges of offering a bribe of Rs 30 lakh to the public servants in connection with a banquet hall the duo wanted to set up in the Wazirpur area.

Speaking to Firstpost the spokesperson of the CBI said that the agency could not disclose the names of the public servants at this time, but that “they are small time employees or baalidaars.”

Impact Shorts

More Shorts
Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

[caption id=“attachment_1020927” align=“alignleft” width=“380”]Micromax founder Rajesh Agarwal has also been arrested. PTI Micromax founder Rajesh Agarwal has also been arrested. PTI[/caption]

“All the accused were arrested from Timarpur near Pitampura in Delhi,” the spokesperson said.

She also said that all the officials for whom the bribe was being taken have been located.

“The investigations are on. We will reveal more details in a few days,” she said.

STORY CONTINUES BELOW THIS AD

The CBI laid a trap for the accused on the basis of a tip off butthe spokesperson refused to divulge if the tip off came from someone in the MCD or Agarwal’s company.

A press release from the CBI said, “Searches were conducted today at 15 places. During the search at the house of a Junior Engineer of MCD, an amount of Rs 40 lakh (Approx.) has been recovered. Similarly, the search at the residence of one of the arrested accused of MCD, cash amounting to Rs 30 lakhs and jewellery has been recovered. The searches are continuing.”

Micromax has declined to comment on the issue so far.

The MCD official in-charge of Civil Line zone, Mahender Singh Thakur, declined to comment on the issue saying he was not authorized to talk.

Rajesh Agarwal, who is the Managing Director and promoter of Micromax Informatics, has over 22 years of experience in business restructuring, channel management and information technology. He previously worked with Pertech Computers Limited as customer support engineer and Universal Computers as customer support engineer.

STORY CONTINUES BELOW THIS AD

Agarwal holds a bachelors degree in electrical engineering from Institute of Engineering, Calcutta and apart from serving as director of Micromax Technologies, he also serves as director of Shakun Buildwell Private Limited, according to Businessweek.

Tags
Corruption Bribery NewsTracker CBI Central Bureau of Investigation Rajesh Agarwal Micromax Micromax Informatics Limited Manish Tuli
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.

More Impact Shorts

Top Stories

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

As Russia pushes east, Ukraine faces mounting pressure to defend its heartland

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Why Mossad was not on board with Israel’s strike on Hamas in Qatar

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV