BRANCH MANAGER OF CENTRAL BANK OF INDIA SENTENCED IN A DISPROPORTIONATE ASSETS CASE

Press Release
New Delhi , 02.01.2012

           The Special Judge, CBI cases, Jabalpur has convicted Shri Rajesh Kumar Shrivastava, the then Branch Manager, Central Bank of India, Bichchiya Niwas Branch Shahpura, District Dindori (MP) and sentenced him to undergo three years Rigorous Imprisonment with a fine of Rs. 5.85 Lakh (approx) U/s 13 (2) r/w 13 (1) (e) of PC Act. 1988. The Special Judge has also ordered to confiscate the Property, Cash Bank Balance, MIS/RD/FD, and amount recovered during house search / Bank Locker of the accused. The amount of fine shall be realized from above said movable & immovable property.

            This case was an off-shoot of another regular Case registered U/s 7 of PC Act, 1988 against the accused Shri Rajesh Kumar Shrivastava. Branch Manager, Central Bank of India, Bichchiya Niwas Branch ( Shahpura) District Dindori (MP) in which he was caught red handed on 06.09.2008, while demanding and accepting a bribe. During the search conducted at the residential premises of accused at Jabalpur, documents as well as cash, indicating alleged possession of assets disproportionate to his known sources were seized. After verification, the instant case was registered.

            It was found during investigation that Shri Rajesh Kumar Shrivastava and his family members were found to be in possession of assets which were disproportionate to the extent of Rs. 4.13 Lakh (approx) to his income from all known sources.

           After conducting thorough investigation, CBI had filed charge sheet before the court of Special Judge, CBI Cases, Jabalpur on 25.05.2010 U/s 13 (2) r/w 13 (1) (e) of PC Act, 1988. The Court found the accused guilty and convicted him.

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