Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
National

CBI arrests Munitions India Limited official, SMPP CEO in defence leaks-for-money case

New Delhi: The CBI has arrested the executive director of state-run Munitions India Limited (MIL) and the CEO of SMPP, an ammunition manufacturing firm, over alleged exchange of bribes for favours and "sensitive defence information" related to a Rs 500 crore supply contract, officials said on Wednesday.

In its FIR, the agency alleged that MIL executive director Anil Kumar, in connivance with certain private contractors and vendors, accepted illegal gratification in exchange for extending official favours and disclosing "sensitive information concerning defence production, procurement, and other strategically important activities" of the state entity.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.