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CBI Arrests Defence Firm CEO and MIL Director in Rs 500 Crore Bribery Scandal
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CNBC TV18•15-10-2026, 07:52
CBI Arrests Defence Firm CEO and MIL Director in Rs 500 Crore Bribery Scandal
- •The CBI arrested Munitions India Limited Executive Director Anil Kumar and SMPP CEO Ashish Kansal over an alleged Rs 500 crore bribery and sensitive information leak case.
- •Investigators alleged that Anil Kumar accepted illegal gratification to share classified defence production and procurement details, posing risks to national security.
- •Searches across Pune, Mysuru, Bengaluru, and Delhi led to the recovery of over Rs 2.23 crore in cash and incriminating documents.
- •The FIR also names the public servant's wife and brother B Harshavardhan for allegedly helping park and conceal the illicit proceeds.
Key Questions Answered
The CBI arrested Anil Kumar, the executive director of state-run Munitions India Limited, along with SMPP CEO Ashish Kansal and Kumar's brother B Harshavardhan, for their involvement in a bribery case linked to a defence contract.
During searches conducted across multiple cities including Pune, Mysuru, Bengaluru, and Delhi, the CBI recovered a total of Rs 1.73 crore in cash from the public servant's premises in Pune alongside approximately Rs 50 lakh from other locations.
The CBI alleged that Anil Kumar accepted illegal gratification in exchange for extending official favours and disclosing sensitive information regarding defence production and procurement to private vendors, potentially compromising national security.
