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.
Reacting to a submission made to the UT Administrator by the Haryana Assembly Speaker, the Shiromani Akali Dal (SAD) leader in a letter to the Administrator said Chandigarh was an inalienable part of Punjab and the Haryana government could not apply for a land swap without taking the consent of the parent state.
Director General of Police Punjab Gaurav Yadav identified the arrested accused as Ramjan Khan, alias Raj Hooda. He said police teams have also arrested his two accomplices -- Happy Mehla (19) and Sahil Mehla (18), both resident of Hanumangarh in Rajasthan.
In Cachar, three people were arrested with 1.80 lakh tablets used for intoxication on Sunday in the Lakhipur area in the district. Police informed that the international market value of seized tablets is around Rs 50 crore. The accused were identified as Abdul Saeed, Ibazur Rahman and Sameer Alam, all residents of the Cachar district.
Further, police teams have been sent to Tosh in Himachal Pradesh after it was revealed that he, along with his live-in partner, had stayed there for quite a long time. Aftab had strangled his live-in partner Shraddha Walkar on May 18 and then chopped her body into many pieces.
Disclosing this here today, a spokesperson for the Chief Minister's Office said the government has approved the OPS for its employees currently covered under New Pension Scheme (NPS), fulfilling a long-pending demand of employees of the state.
The affected girl students of Kasturba Gandhi College in West Maredpally, Secunderabad were hospitalised with complaints of breathlessness and dizziness. The college authorities denied that there was any gas leak from college lab. They said foul smell from garbage dump on the college boundary wall led to students falling ill.
