Jailed bureaucrat BK Bansal granted bail after wife, daughter commit suicide

Bansal's wife Satyabala and daughter Neha were found hanging in their flat in East Delhi's Madhu Vihar area on July 19. They left suicide notes, saying nobody was responsible for their death.

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Bansal's wife Satyabala and daughter Neha were found hanging in their flat in East Delhi.
Bansal's wife Satyabala and daughter Neha were found hanging in their flat in East Delhi.

In Short

  • Director General Corporate Affairs BK Bansal arrested in graft case.
  • Bansal's wife, daughter hanged themselves on July 19.
  • Bansal sought bribe from a pharma firm.

A day after his wife and daughter were found hanging in their New Delhi flat, a special court today granted a 2-day interim bail to Director General Corporate Affairs BK Bansal, who was in CBI custody after he was arrested red-handed taking bribe.

Bansal's wife Satyabala and daughter Neha were found hanging in their flat in East Delhi's Madhu Vihar area on July 19. They left suicide notes, saying nobody was responsible for their death.

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Bansal, an Additional Secretary-ranked officer in Ministry of Corporate Affairs, was caught red-handed in a hotel while allegedly accepting a bribe of Rs 9 lakh for favouring a pharmaceutical company.

He, along with three others were arrested with him, are in CBI custody. A senior officer in the Indian Legal Services, Bansal used to check and report on serious corporate frauds.

A Senior Administrative Grade officer with the Indian Corporate Law Service (ICLS), Bansal was promoted to the post of Director General of Corporate Affairs (DGCA) last year.

BANSAL'S TROUBLE FAR FROM OVER

Bansal's trouble is far from getting over. After he was trapped in a corruption case while accepting Rs 9 lakh bribe for helping a pharmaceutical company evade tax liabilities, CBI conducted raids at his premises.

A case was registered under the provisions of Corruption Act on the allegations that Bansal had been dealing with matters related to violations committed by Mumbai-based pharmaceutical company Elder Pharmaceuticals. Bansal had allegedly demanded a bribe of Rs 50 lakhs for not recommending investigation by the Serious Fraud Investigation Office on the company's negative inspection report.

Sources said during the raids at Bansal's premises sleuths had recovered documents which show he has nine properties in Sirsa, three in Delhi, three in Faridabad, one each in Gurgaon, Bhatinda and Hapur.

Altogether it is suspected he had twenty properties which are disproportionate to his income. Sleuths suspect he has been indulging in corruption in other cases as well. There is a strong likelihood that CBI will book him in a case of disproportionate assets as well.

TV ACTOR ALSO ON CBI RADAR

Meanwhile, CBI is carrying out raids to nab Arjun Saxena, a TV actor, who is said to be the owner of Elder Pharmaceuticals. It is alleged that Saxena's company was indulging in serious violations and had made money transactions to companies in Dubai and Bulgaria.

The police are currently investigating documents recovered from the accused.

Also Read:

Wife, daughter of senior bureaucrat who was caught taking bribe found hanging in Delhi

Corporate affairs DG, three others arrested for accepting bribe of Rs 9 lakh