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CBI court sentences five in fraudulent transactions case

CBI court sentences five in fraudulent transactions case

New Delhi, Sep 14 (UNI) A special CBI court in Hyderabad has sentenced five people to undergo imprisonment with fine in a case related to fraudulent transactions. "The Special Judge for CBI cases, Hyderabad sentenced C Karunakar Babu and G Anantha Kumar seven years' imprisonment with fine of Rs 6,75,000 each; three years' imprisonment with fine of Rs 75000 each to V Ashok Kumar and BK Manjunath; and G Sudheer to undergo three years imprisonment with fine of Rs 50,000," the probe agency said in a statement here today. The CBI said it had registered the case on January 28, 2005 on the allegations that KV Sudhakar Reddy, former Branch Manager of Indian Bank, Kongareddipalle, Chitoor branch in collusion with the other accused persons made fraudulent transactions and misappropriated Rs 1.12-crore. 'After completion of investigation, charge sheet was filed before the Principal Special Judge for CBI Cases, Hyderabad on May 31, 2006 under section 120-B r/w 409, 420, 467, 468, 471 of IPC, 13(2) r/w 13(1)(c) and (d) of PC Act, 1988 and substantive offences against the accused persons. KV Sudhakara Reddy expired during Trial and the charges against him were abated," it stated. The probe agency said the trial Court convicted the five accused persons and acquitted two other persons. UNI DS SNU 1542

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Rahul's aggressive campaign in Guj to have galvanising effect on poll-bound states: Cong

Rahul's aggressive campaign in Guj to have galvanising effect on poll-bound states: Cong

21 Jan 2018 | 11:50 PM

New Delhi, Jan 21 (UNI) The aggressive campaign by Congress president Rahul Gandhi in the Gujarat Assembly elections, which gave a tough fight to the BJP in Prime Minister Narendra Modi's home turf, will have a galvanising effect in the states which will go to the polls this year, the party says.

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From being in 'fragile five' in 2013-14 , India has become land of opportunity: PM

21 Jan 2018 | 11:49 PM

New Delhi, Jan 21 (UNI ) Claiming that the NDA government has taken India from a position in the ' fragile five' in 2013-14 to becoming world's 'Bright spot', Prime Minister Narendra Modi on Sunday said the nation has become a land of great opportunity now.

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J&K Guv favours National Security Policy, a new Ministry to manage National Security

21 Jan 2018 | 11:48 PM

New Delhi, Jan 21 (UNI) Jammu and Kashmir Governor N N Vohra on Sunday strongly advocated establishing a National Security Administrative Service (NSAS) as the country cannot afford to follow adhoc and disparate approaches in managing the national security.

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Kejriwal inaugurates sewer line project in Najafgarh

21 Jan 2018 | 11:44 PM

New Delhi, Jan 21 (UNI) Delhi Chief Minister Arvind Kejriwal on Sunday inaugurated project for laying sewer lines in 12 colonies of Najafgarh.

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Even Cong should become 'Congress-Mukt', says PM Modi

Even Cong should become 'Congress-Mukt', says PM Modi

21 Jan 2018 | 11:28 PM

New Delhi, Jan 21 (UNI) Prime Minister Narendra Modi on Sunday sought to clarify that his appeal
for 'Congress-free India' was not meant in pure electoral term but rather it should be understood
in symbolic sense and more as a 'political culture' that had become synonymous with Congress dispensation.

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