Enforcement Directorate uncovers Rs 200 crore bribery scheme across dozens of PSUs and banks
The Enforcement Directorate revealed a bribery network involving senior executives of at least 40 public-sector undertakings and government banks, channeling roughly Rs 200 crore of CSR money through charities run by a long-time impostor doctor.
Investigators said top officials from a minimum of 40 public-sector enterprises and several state-run banks took part in a scheme that diverted CSR funds into multiple charities. These charities were promoted by a class-XII dropout who has pretended to be a medical doctor for nearly three decades. The agency’s preliminary assessment puts the amount moved through the network at about Rs 200 crore.
Why it matters
It exposes massive misuse of public CSR funds and corruption within key state-run enterprises.
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