New Delhi, April 18 -- The Central Bureau of Investigation (CBI) has arrested former chairman-cum-managing director (CMD) and former general manager (GM) of Broadcast Engineering Consultants India Limited (BECIL) and were produced before the Special CBI Court, Mumbai, CBI said in a press release.

As per the release, the arrests were made in connection with a case of alleged bribery of Rs 3 crore and fraudulent disbursal of a loan from BECIL to an accused Mumbai-based firm.

The Court has granted Police custody of arrested accused public servants for 4 days till April 19.

George Kuruvilla, then CMD of BECIL, and WB Prasad, then GM of BECIL, were arrested on Wednesday.

The CBI had earlier arrested another accused, Prateek Kanakia, CEO of...