IOC suspends DGM Alex Mathew for bribery charges

The Indian Oil Corporation (IOC) has suspended Deputy General Manager Alex Mathew following his arrest for alleged bribery. He reportedly demanded ₹10 lakh to prevent the transfer of a gas agency's customers. Mathew was taken into custody by the Vigilance and Anti-Corruption Bureau after a complaint from a gas agency owner. He was arrested while attempting to collect a ₹2 lakh payment. During the investigation, authorities seized ₹1 lakh in cash from Mathew's vehicle and conducted a raid at his home in Kochi.