Mail News Service
New Delhi, Sep 3 : The Special Judge for CBI Cases, Bangalore, B.M. Angadi, has convicted S.Murali, the then Branch Manager, Syndicate Bank, Indira Nagar Branch, Bangalore to undergo two years simple imprisonment with fine Rs.13,000/- in a CBI case.
CBI had filed a charge sheet against S.Murali and 3-others U/s 120-B r/w 420, 468 471 IPC and Sec. 13(2) r/w 13(1) (d) of the Prevention of Corruption Act,1988. The allegations as per the charge sheet were that S.Murali while working in Syndicate Bank, Indira Nagar Branch, Bangalore had entered into criminal conspiracy with other accused persons during 1993 in the matter of clearing cheques issued / drawn by other accused without sufficient funds in the account and enabled the accused persons to get their property out of mortgage from nationalized banks.
The accused persons caused a wrongful loss of Rs.40 lakh(approx) to Syndicate Bank and corresponding wrongful gain to themselves.
The Trial Court found S.Murali guilty and convicted him. The court acquitted one private person while other two private persons died during trial.
The Special Judge for CBI Cases, Saket, New Delhi has today sentenced O.S.Chauhan, IAS(UT-1967), Former Additional Commissioner of Sales Tax, Government of NCT, Delhi to undergo three years Rigorous Imprisonment with fine of Rs. Five Lakh in a disproportionate assets case.
CBI had registered a case on 19-09-1985 under section 5(1)(e) r/w 5(2) of PC Act, 1947 and filed a charge sheeted on 23-12-1996 in the Court of Special Judge, Tis Hazari, Delhi against the accused. The investigation revealed that O.S.Chauhan was found in possession of disproportionate assets to the tune of Rs. 3, 87,142/-(approx), to his known sources of income, while working as a public servant in various capacities, during the period 14-07-67 to 19-09-85, which he could not satisfactorily account for. The Court has also ordered to confiscate the properties of O.S.Chauhan acquired from his ill-gotten wealth.
The Special Court had found O.S.Chauhan guilty of the offence and convicted him on 30-08-2012.
Read more / Original news source: http://manipur-mail.com/two-years-imprisonment-to-a-bank-manager-in-cbi-case/
