India, July 25 -- The Anti-Corruption Bureau (ACB), Pune, on Thursday arrested Anil Tukaram Bankar, 51, director of the State Transport Co-operative Bank Ltd., Mumbai, for allegedly accepting a Rs.4 lakh bribe from a contractor in Baramati. Bankar, who is also a traffic controller at the Baramati MIDC Depot, was caught during an ACB trap while allegedly accepting the money.

He has been booked under Section 7 of the Prevention of Corruption Act, 1988, at Baramati City Police Station.

According to the ACB, the complainant had undertaken furniture renovation work at the bank's Baramati branch and submitted bills worth Rs.48.60 lakh. While Rs.40 lakh had been released, payments of Rs.8.60 lakh and Rs.4.98 lakh for other works were pending....