NALCO CMD arrested by CBI for taking bribe

By IANS
Friday, February 25, 2011

BHUBANESWAR/NEW DELHI - The Central Bureau of Investigation (CBI) Friday arrested the chairman-cum-managing director of the National Aluminium Company Ltd (NALCO) A.K. Srivastava and his wife for allegedly accepting bribe.

“The CBI arrested Srivastava and his wife Chandni Srivastava along with two accomplices, Bhushan Lal Bajaj and Anita Bajaj, said a senior CBI official.

The investigating agency also recovered Rs.30 lakh in cash and 10 kg gold from Srivastava’s house in Bhubaneshwar.

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