Five sent to jail for cheating Indian Bank of Rs 4.19 crore
Darpan News Desk IANS, 02 Jun, 2023 10:46 AM
Chennai, June 2 (IANS) A special CBI court here on Friday awarded various jail terms to five individuals from two firms who cheated the India Bank of a total of Rs 4.19 crore.
The court sentenced P. Senthilkumar, the then CEO-cum-Chairman of Palpap Ichinichi Software International Ltd, Chennai, to five years rigorous imprisonment while T.R. Dhanasekar and R. Karunanidhi, both then Directors of SJS Network and Services Ltd, Chennai, were sentenced to three years rigorous imprisonment.
J. Murali and B. Latha Bhas were also sentenced to three years of rigorous imprisonment.
In addition to the jail terms, the court imposed a fine of Rs 1,25,000 on all the accused. Furthermore, a fine of Rs 1 lakh each was imposed on Palpap Ichinichi Software International Ltd and SJS Network & Services (P) Ltd.
The CBI registered the case against them in 2008 based on a complaint from Indian Bank. It was alleged that Palpap Ichinichi Software International Ltd, represented by Senthilkumar and others, and SJS Network and Services Ltd, represented by Dhanasekar and Karunanidhi, availed loans based on fake documents. They failed to repay the loan amount, causing a loss of Rs 4.19 crore to the bank.
After the investigation, a charge sheet was filed in 2008 against the accused before the Court of Additional Chief Metropolitan Magistrate, Chennai.
The trial court noted that the CBI successfully proved the case of the prosecution and held the accused guilty.
The party on Friday announced that it will deliver Rahul Gandhi's letter to each house along with a charge sheet against the Central government from January 26. The letter is signed off as "aapka apna Rahul (your own Rahul)". The letter is written in all regional languages and the exercise is an attempt by the Congress to reap the political benefits from the Bharat Jodo Yatra.
The accused has been identified as Abhinav Prakash, a resident of Dwarka, working as a trainee ticketing agent of British Airways at DLF Qutub Plaza, Gurugram, for the last seven months. He reportedly made the hoax call to delay the departure of his friends' 'girlfriends' who were on board the said flight.
Prime Minister Narendra Modi said on Friday that India has shown growth and resilience amid global headwinds, as he urged the public and private sectors to seize opportunities arising as a result of emerging global environment, and to think out of the box. Modi said this during his interaction with economists prior to the forthcoming Union Budget to be presented on February 1.
In the latest twist in the Air India urination incident, Shankar Mishra, accused of relieving himself on an elderly woman co-passenger while in a drunken state, on Friday sought to recant from any involvement in the episode and brazenly accused the victim of soiling her own seat. However, his attempt at evading any responsibility may not succeed as it leaves many questions unanswered.
The bus, carrying around 45 passengers, reportedly crashed headlong into the truck coming from the opposite direction and then overturned, resulting in the huge tragedy, said the police. Chief Minister Eknath Shinde expressed shock and grief over the tragedy and announced a compensation of Rs.5-lakhs to the kin of all the deceased besides free medical treatment for all the injured victims.
While scanning the CCTV camera, the police found Chagan carrying the little girl. Both the families live on a footpath. On Wednesday, police picked up the accused and inquired about the girl. The body was recovered on Wednesday and sent for post-mortem. The accused has been detained and will be arrested once his corona report is negative.
