GAIL Director ES Ranganathan Suspended After CBI Arrest, MV Iyer Takes Charge
NDTV
The Ministry of Petroleum and Natural Gas on January 17 issued orders suspending Ranganathan from service, pending probe, official sources said.
The government has suspended ES Ranganathan, Director (Marketing) of GAIL (India) Ltd, after his arrest by the CBI over allegedly taking bribes to give discounts to private companies buying petrochemical products from the state-owned gas utility.
The Ministry of Petroleum and Natural Gas on January 17 issued orders suspending Ranganathan from service, pending probe, official sources said.
Ranganathan, who was appointed Director (Marketing) of GAIL in July 2020, was to superannuate in May next year.
The CBI had on Friday evening started searches in connection with discounts that Ranganathan had allegedly promised to private companies in exchange for a bribe of Rs 50 lakh. On Saturday, it searched Ranganathan's residence in Noida and his office at GAIL's headquarters at Bhikaji Cama Place. The office was sealed and Ranganathan was questioned.
