States » SouthPosted at: Dec 2 2025 5:49PM


CBI Court sentences former SAIL AGM to three years in jail for disproportionate assets

Visakhapatnam, Dec 2 (UNI) A CBI Court in Visakhapatnam on Tuesday convicted and sentenced Ragam Kishore — former Regional Manager, Branch Transport & Shipping, Steel Authority of India Limited (SAIL), Visakhapatnam, who later retired as Assistant General Manager, SAIL Kolkata — to three years’ imprisonment and a fine of Rs 1 lakh in a disproportionate assets case.
The case was registered by the Central Bureau of Investigation on July 17, 2001. Investigators alleged that between January 1, 1988, and April 19, 2000, Kishore, while serving in various capacities at SAIL, amassed movable and immovable assets in his name and in the names of his family members worth Rs 60,25,825.65 — disproportionate to his known sources of income and for which he could not provide a satisfactory explanation.
After completing the investigation, the CBI filed a chargesheet on August 5, 2003. Following trial, the court convicted and sentenced him accordingly.
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