Anti Corruption Bureau (ACB) officials arrested the Executive Director of BC Corporation, K. Jeevan Babu, on the charge of demanding and accepting a bribe of Rs. 15,000 from a small farmer here on Tuesday afternoon.
Based on a complaint filed by Adinarayana, a farmer from Narsipatnam area, the ACB team, led by DSP K. Ramakrishna Prasad, laid a trap and caught Jeevan Babu red-handed.
The accused allegedly demanded the amount from the complainant for releasing a loan sanctioned by the BC Corporation to the tune of Rs. 1.5 lakh.
The complainant wanted the loan to launch a tent supply business.