The Special Judge for Central Bureau of Investigations (CBI) cases, Bhopal convicted on Friday four persons including Branch Manager and Assistant Branch Manager of Central Bank of India for entering into a criminal conspiracy in the matter of processing of housing loan and abusing the official position, causing wrongful loss to the Bank.
Notably, CBI Bhopal Branch had registered a case on February 4, 2010 on the basis of a written complaint lodged by Regional Manager Central Bank of India - Bhopal AK Jain. It was alleged by the complainant that during the period of 2007 to 2009, the then Branch Manager, Central Bank of India, Arera Hills Kamlesh Kumar Chourasiya and the then Asst. Manager (Credit), Central Bank of India, Arera Hills Branch, Bhopal Vasant Pawse with other persons entered into a criminal conspiracy in processing of a housing loan and abusing his official position, caused a wrongful loss of Rs 113.66 lakh to the Bank.
After the completion of investigation, a chargesheet was filed on July 30, 2011 in the Court of Special Judge for CBI Cases, Bhopal against Chourasiya, Pawse, Rajendra Proprietor of Rajdhani Construction and Developers Brajesh Singh and a Private Person Prasad Tiwari.
The Special Judge for CBI Cases, Bhopal convicted all four accused persons vide order dated January 8, 2016 and awarded the sentences of three years’ rigorous imprisonment (RI) and fine of Rs 10,000 in default of fine further RI of three month, two years RI and fine of Rs 10,000 in default of the same further RI of three months. All sentences shall run
concurrently.