The particular choose of the CBI court docket in Ahmedabad has convicted Dena Financial institution supervisor of Silvassa department within the Union Territory of Dadra and Nagar Haveli together with two others for his or her involvement in a financial institution fraud case of Rs. 1.93 crore, sentencing them to 3 years of rigorous imprisonment apart from imposing a nice of Rs 3.8 lakh.
The convicts have been recognized as Shishir Kumar Shrivastava, then Supervisor of Dena Financial institution’s Silvassa department, and two non-public individuals particularly, Babu Jayesh Singh Ganeshsingh Thakur and Sumabbhai Bhailalbhai Sheikh.
The Central Bureau of Investigation (CBI) had registered an offence in opposition to the trio on June 1, 2005.
Within the grievance, it was alleged that in 2002-2003, Shrivastava entered right into a legal conspiracy with the opposite accused by making ready solid or faux financial institution ensures in favour of two PSUs. It was alleged that he offered the doc as real and, by misusing his official place, used the Dena Financial institution seal of the Amli Department of the financial institution for the stated forgery. Total, he triggered the financial institution wrongful loss to the tune of Rs 1,93,59,500, it was alleged.
After completion of investigation, CBI filed the chargesheet within the case in July 2006. The accused individuals confronted trial for the offences of legal conspiracy, dishonest, forgery, forgery of precious safety, forgery for the aim of dishonest, and utilizing solid paperwork as real together with legal misconduct.
