CBI arrests executive director of defence firm for graft

The Central Bureau of Investigation (CBI) arrested the executive director of Munition India Limited (MIL), a public sector defence enterprise, and two private persons in an alleged bribery case. Besides the official, Anil Kumar, the CBI arrested his brother, ⁠B. Harshavardhan, and Ashish Kansal, the chief executive and director-promoter of SMPP Ltd. Private industries in defence sector have big potential: official. The CBI registered the case against Mr. 73 crore in cash was recovered. Further, searches on the premises of the accused at Mysuru, Bengaluru, and Delhi were conducted and about ₹50 lakh in cash and incriminating documents were recovered,” the CBI said.