Daijiworld Media Network - New Delhi
New Delhi, Sep 22: A CBI Court in Jaipur has sentenced three former public servants of Oriental Bank of Commerce (OBC) to seven years of Rigorous Imprisonment (RI) in a bank fraud case involving the unauthorised release of mortgaged securities and a loss of more than Rs 12 lakh to the bank, officials said on Tuesday.
The court on September 18 convicted Ramji Lal Meena, then Branch Manager; Murari Lal Meena, then Special Assistant; and Than Singh Lashkar, then Peon-cum-Housekeeper at OBC’s Sheosinghpura branch in Lalsot, Dausa.
The court sentenced all three to seven years of RI and imposed a fine of Rs 85,000 on each.
The CBI registered the case on February 1, 2019, based on a complaint filed by the then Deputy General Manager of Oriental Bank of Commerce.
According to the complaint, Murari Lal Meena, while working as Special Assistant at the Sheosinghpura branch, allegedly misused his official position by dishonestly issuing unauthorised ‘No Dues Certificates’. The certificates facilitated the release of mortgaged securities despite outstanding loan liabilities.
The alleged acts caused a wrongful loss of Rs 12,14,660.71 to the bank across three loan accounts.
After completing its investigation, the CBI filed a chargesheet against Murari Lal Meena, Ramji Lal Meena and Than Singh Lashkar on May 5, 2022.
Following the trial, the court found all three accused guilty and sentenced them to seven years of RI besides imposing the fine.
In a separate case, the CBI had registered a disproportionate assets case against retired Northeast Frontier Railway (NFR) Deputy Chief Engineer Sajal Kanti Das, officials said on Monday.
The CBI’s Guwahati branch had alleged that Das and his wife, Sangita Das, accumulated assets disproportionate to their known sources of income worth approximately Rs 88.20 lakh between 2016 and 2022.
According to the agency, the couple’s total assets, valued at around Rs 39.85 lakh in 2016, increased to Rs 1,28,66,946 by 2022. The alleged increase in assets forms the basis of the disproportionate assets case.
During the investigation, the CBI identified several properties and financial holdings allegedly linked to the couple in Assam’s Cachar district.
One of the properties under scrutiny is a house valued at approximately Rs 19 lakh, reportedly constructed on five kathas of land in Rangpur locality of Cachar district.