Home of corrupt BPCL manager raided by CBI

Vol 22, PW 20 (25 Jul 19) People & Policy

CBI investigating officers are moving to build a case against a Bharat Petroleum petrol pump manager accused of cheating the company out of Rs17 lakhs ($26,000) and accepting bribes of up to Rs7 lakhs ($10,000) in two separate payments.

Contacted by this report, a CBI officer in Pune confirms the agency seized a number of "incriminating documents" during a raid on the house of BPCL construction group manager Nitin Rane this month (July) in a case first reported by the Mumbai Mirror on July 15. "No arrests have been made," he tells us.

"It will take a year to complete the investigation." Under scrutiny are a series of contracts Rane awarded to his mother's company Ashoka Enterprises from 2012 to 2016; the most blatant was a duplicate Rs17 lakhs ($26,000) contract to build a driveway at the Phalke Patil & Sons petrol pump in Ahmednagar for work carried out by another company: Sai Enterprises.

Ashoka and Sai were both paid for the contract but only Sai did the work. BPCL soon uncovered the fraud and on June 28 company chief vigilance manager Rajeswari P issued a formal complaint to the CBI. Two days later the CBI filed a First Information Report (FIR) against prime accused Rane, his mother Jayashree Rane, owner of Ashoka Enterprises and Amit Gunjan, Rane's former boss at the time who was territory manager for Ahmednagar in Maharashtra.