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.
Poonawalla, who killed his live-in partner Shraddha on May 18 and then chopped her body into 35 pieces, is currently lodged in Tihar Jail. On November 26, he was sent to a 13-day judicial custody by the court.
Reacting to the BJP registering a historic victory in Gujarat, Union Home Minister Amit Shah tweeted that Gujarat had rejected those who engaged in the politics of empty promises and appeasement. Shah said that he salutes the people of Gujarat for the historic win.
Stressing on the need to sensitise the common man against the illicit liquor trade for realising the Rangla Punjab mission of the Chief Minister Bhagwant Mann-led government, Kaler said the Excise Department and the excise police would soon launch an awareness campaign against it.
The drama took place during Question Hour, when BJP MP from Balaghat, Dhal Singh Bisen sought to know from Puri, the quantum of loss faced by the government as several Ujjwala beneficiaries have failed to get a second refill of their cylinders and whether the government will increase the subsidy amount to ensure refill of Ujjwala cylinders.
An NIA official said that Bikramajit had formed a terror group to carry out terror attacks in Punjab along with with his close associates. He was absconding in a terror case lodged by the NIA.
According to sources, hot water (maad) of rice was kept in an open tub after the mid-day meal was cooked in Chhechani Middle School of Sellari Panchayat situated near an Anganwadi centre. The incident took place on November 24 when the victims who studied in the centre wandered near the school ground while playing and fell into the tub.
