IRS Prabha Bhandari's 1.5 Cr Bribe Demand Backfires, CBI Ends Her Game

• IRS Deputy Commissioner Prabha Bhandari demanded a 1.5 crore bribe from traders.
• The bribe was to settle tax evasion cases against 'Jai Ambe Plywood' and 'Jai Durga Hardware'.
• She adamantly refused to reduce the 1.5 crore demand, stating "not a single rupee less."
• Traders paid an initial installment of 30 lakhs, but Bhandari demanded the remaining 70 lakhs.
• CBI intervened, arrested Prabha Bhandari, and seized her assets, ending her extortion scheme.

Why It Matters: Greed for 1.5 Cr bribe led to IRS Prabha Bhandari's arrest by CBI.