Odisha: Five including former branch manager awarded 14 year jail, Rs 27 lakh fine each in bank fraud case
Published By : Prameya News Bureau | October 08, 2020 IST
Share
Baripada: A CJM court here today awarded 14-year imprisonment and imposed Rs 27 lakh fine each to then Bank of India (BOI) manager and four others in connection with Rs 1.31 crore fraud case. The case was registered in 2014 by the Economic Offence Wing (EOW) of Crime Branch on the basis of a complaint by Sitakanta Mohanty, Branch Manager, Bank of India, SIPS Campus at Jharpokharia in Mayurbhanj district. The case was registered against Girija Sankar Mishra, the then Branch Manager, Bangali Charan Jena a beneficiary, Susanta Kumar Jena intermediary in the loan process and Satarupa Mohanty, the second officer of the bank. During course of investigation the investigating agency found Girija Shankar in conspiracy with accused persons granted 131 fake bank loans of Rs 1 lakh each, amounting to Rs 1.31 crore. The investigating agency later found involvement of another person identified as Satyananada Patra in the case.
News7 Is Now On WhatsApp Join And Get Latest News Updates Delivered To You Via WhatsApp
You Might Also Like
More From Related News
Suprme Court reserves verdict on pleas seeking mandatory EVM-VVPAT tally
Rath Yatra 2024: Collector directed for speeding up work
Suresh Routray expelled from Congress for 6 years
UN chief condemns Iran's attack on Israel
Will oppose any Israeli counterattack on Iran: Biden
Congress unveils manifesto for 2024 polls: Guarantees MSP for farmers, pledges to abolish Agnipath scheme
Will fight from Balasore as independent candidate: Kharabela Swain