Wednesday, Jan 24 2018 | Time 01:24 Hrs(IST)
image
  • Thousands march against Trump in Swiss financial capital
India Share

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

More News

EC guidelines for political parties on broadcast, telecast time in Meghalaya, Tripura, Nagaland

23 Jan 2018 | 9:36 PM

New Delhi, Jan 23 (UNI) As per the guidelines set by the Election Commission on Tuesday for the ensuing Assembly elections in Meghalaya, Tripura and Nagaland in 2018, the national political parties can share equitable time on electronic and broadcast media, since these states have no recognised state parties.

 Sharesee more..
Harsh Vardhan urges stakeholders to identify priority areas, timely implementation

Harsh Vardhan urges stakeholders to identify priority areas, timely implementation

23 Jan 2018 | 9:33 PM

New Delhi, Jan 23 (UNI) Union Minister for Environment, Forest and Climate Change, Dr Harsh Vardhan on Tuesday urged scientists and senior officers to identify priority areas and ensure its implementation in a time- bound manner.

 Sharesee more..

Ashok Lavasa assumes charge as new EC

23 Jan 2018 | 8:38 PM

New Delhi, Jan 23 (UNI) Ashok Lavasa, the 1980 batch IAS officer from Haryana Cadre, on Tuesday assumed charge as the new Election Commissioner (EC) of India.

 Sharesee more..

Mercury plummets in Delhi after rain

23 Jan 2018 | 8:37 PM

New Delhi, Jan 23 (UNI) People of the National Capital on Tuesday experienced a cold day following decline in the maximum temperature due to rain.

 Sharesee more..

Connectivity issue in the Himalayan region discussed

23 Jan 2018 | 8:19 PM

New Delhi, Jan 23 (UNI) A host of speakers from different streams on Tuesday discussed ways to tone up connectivity in Himalayan region as well as modalities and challenges in bringing people to people contact at a panel discussion session here.

 Sharesee more..
image