The Special Judge for CBI cases, Bhopal on Tuesday found two officials of State Bank of Mysore, Bhopal branch and two private persons guilty and sentenced them three and two years’ imprisonments under different sections.
CBI Bhopal Branch had registered a case under sections 120-B and 420 of the IPC and 13(2) and 13(1)(d) of the PC Act, 1988, on August 2, 2011, on the basis of a written complaint lodged by T Thomas Mathew, CVO, State Bank of Mysore, HO, Bangalore against AS Hegde, the then Branch Manager, State Bank of Mysore, Bhopal Ravinder Kumar, the then Asst Manager, State Bank of Mysore, Bhopal and others.
It was alleged that AS Hegde and Ravinder Kumar during their posting at State Bank of Mysore, Bhopal Branch, Bhopal from 2006 to 2009, sanctioned and disbursed 21 housing loans in the name of various borrowers.
These borrowers brought in by builder M/s Tanu Shree Homes, represented by its Proprietor Ravi Sahu and by not taking up constructions the builder has cheated the Bank to the tune of Rs 200.40 lakh.
After completion of investigation, on December 27, 2012, seven charge-sheets were filed in the court of special judge for CBI cases, Bhopal. The charge-sheet was filed against AS Hegde, Ravinder Kumar, Ravi Sahu and Raj Kumar Rai, Village-Silwani, Raisen (District).
