The Special Judge, Vigilance, Bhubaneswar on Monday convicted Orissa Rural Housing Development Corporation (ORHDC) former Managing Director (MD) Vinod Kumar, former Company Secretary Swasti Rajan Mohapatra, former Loan Recovery Assistant Umesh Chandra Swain and Bhubaneswar-based Home Lives Housing partners Rashmi Patnaik and Rattan Kumar Sahoo in a corruption case and sentenced them to three years rigorous imprisonment (RI).
The court also ordered the convicts to pay a fine of Rs 50,000 each and in default to undergo another six months RI.
The aforesaid officers of the ORHDC had committed criminal misconduct by entering into criminal conspiracy and showed undue official favour to the Home Lives Housing partners in the matter of sanction and disbursement of loan amounting to Rs 50 lakhs without conducting proper documentation, pre and post sanction inspection and without obtaining adequate security.
This is the seventh conviction of former ORHDC MD Kumar in a graft case.
Earlier, the Vigilance police had submitted the charge-sheet of the case in the Special Judge, Vigilance court.