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.
Four of the accused in the case -- Faizal Abdul, Vasif Chaudhary, Sagar Pal and Aniket Sindhe-- were arrested on Monday on the information provided by Mubarak Badia and Chandan, who were arrested for possessing drugs worth Rs 3.97 crore from Surat in November.
In a letter, he apprised the Governor that post of Senior Superintendent of Police in Chandigarh has traditionally been occupied by a Punjab-cadre IPS oficer, while an IAS officer of Haryana cadre had been appointed as the Deputy Commissioner.
The accused is Sunny Dilip Lal Sharma alias Manav Govind. While he had secured an identity in the name of Manav Govind to smuggle gold this time, it was revealed that he had been using six different identities. The DRI team recovered 862 grams of gold worth Rs 46 lakh from him. He was later handed over to the Gomti Nagar police.
As for these 2,100 posts, every year around 2.50 lakh candidates are expected to apply for these posts so all the aspirants will get involved in academics as well as in improving their physique for clearing the tests.
Raising the issues pertaining to farmers during Zero Hour in Lok Sabha, Congress MP from Patiala Preneet Kaur and Shiromani Akali Dal MP from Bhatinda, Harsimrat Kaur Badal demanded that all cases lodged against farmers, which were made against them during their year-long agitation, should be taken back.
The NIA arrested Md. Shahbaz Ansari alias Shezad in the case pertaining to a conspiracy hatched by members of criminal syndicate based in India and abroad, to raise funds and recruit youth to carry out terrorist acts in the different parts of the country.
