The CBI Special Court here today sentenced a public sector bank official and four others to five years' rigorous imprisonment for allegedly committing a fraud to the tune of Rs 9.70 crore in 2000.
Anti-Corruption branch of CBI, Chennai investigated the case filed against K Sanjeeva Shetty, then Branch Manager, Oriental Bank of Commerce, Yelahanka Branch, Bangalore, Karnataka State Reserve Police Assistant Commandant Shabir Ahmed and four other individuals -- S A Ravi, Abid Khan, T Hemanth Alva, Kishore, S Anthoni Doss and Abdul Jabbar.
They had allegedly entered into a criminal conspiracy to defraud Oriental Bank of Commerce, Overseas branch, Chennai to the tune of Rs 9.70 crore with "fictitious transfer payment order", a CBI press release said.
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However, investigation revealed that the bills were sent for shipment of Kamino machines with accessories valued at USD 22,21,900 in favour of The West Pavilion, Hunasanarahalli, Devanhalli road, Bengaluru.
Upon completion of the trial today, the CBI Special Court convicted K Sanjeeva Shetty, Shabir Ahmed, S A Ravi, Abid Khan and T Hemanth Alva.
While the Court sentenced Ravi to 10 years, the others were awarded five years' rigorous imprisonment.
Kishore, Anthony Doss and Abdul Jabbar -- were acquitted by the Court and a total fine of Rs 5.10 lakh was imposed on them, it added.
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