The Special Judge for Central Bureau of Investigations (CBI) Cases in Bhopal convicted four persons on Thursday with three years RI and fine for entering into a criminal conspiracy in the matter of processing of Housing loan and by abusing their official position, caused a wrongful loss of Rs113.66 lakh to Central Bank of India.
CBI Bhopal Branch has registered a Case No. RC0082010A0002 U/s 120-B r/w 420, 468 and 471 of IPC and U/s 13(2) r/w 13(1) (d) of PC Act, 1988 on February 04, 2010, on the basis of 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), Vasant Pawse with other persons entered into a criminal conspiracy in the matter of processing of Housing loan and by abusing their official position, caused a wrongful loss of Rs113.66 lacs to the Bank.
After completion of investigation, a charge sheet was filed on July 30, 2011 in the Court of Special Judge for CBI Cases, Bhopal against Chourasiya, Pawse, Proprietor of Rajdhani Construction and Developers Brajesh Singh Yadav and a Private Person Rajendra Prasad Tiwari.
The Special Judge for CBI Cases, Bhopal convicted all four accused on Thursday and awarded 03 years RI and fine of Rs2000/- in default of fine further RI of 03 Month under section 120-B IPC, 03 years RI and fine of Rs2000/- in default of fine further RI of 03 Month under section 420 IPC, 02 years RI and fine of Rs2000/- in default of fine further RI of 03 Month under section 471 IPC and 03 years RI and fine of Rs2000/- under section 13(2) r/w 13 (1). All sentences shall run concurrently.