THREE YEARS IMPRISONMENT TO THEN SENIOR ACCOUNTANT(OFFICE OF ACCOUNTANT GENERAL, SHILLONG) AND THEN DIRECTOR OF A PRIVATE FIRM IN A CHEATING CASE

Press Release
New Delhi , 01.10.2012

            The Special Judge, Shillong has convicted accused Shri Jaharlal Das, the then Senior Accountant, office of the Accountant General (A&E), Shillong and Shri Dhiresh Kumar Chakraborty (Private person), the then Director/Chairman of M/s Tricon Wood Products (P) Ltd., Thana Road, Shillong. Shri Jaharlal Das was sentenced to undergo three years simple imprisonment with a total fine of Rs.1,00,000/- and Shri Dhiresh Kumar Chakraborty to undergo three years simple imprisonment with fine of Rs. 50,000/-.

 

            CBI registered the case on 30/06/1992 and filed a charge sheet on 28/04/1994 U/s 120B, 420, 468, 471 IPC & Sec. 13(2) r/w 13(1)(d) of P.C.Act. 1988. It was alleged that undue favour was shown to the Directors of M/s Tricon Wood Products Ltd, Thana Road, Shillong by the Bank Officers of erstwhile New Bank of India(Now Punjab National Bank) in sanctioning of loans and advances on the basis of false/forged documents in violation of the laid down banking norms/procedures. The loans/advances amount to the extent of Rs.30.90 lakh(approx) was allegedly misappropriated. The role of Shri Jaharlal Das had also emerged during the investigation, for favouring the accused.

 

            The then Dy. General Manager (OSD), Inspection & Control Division of erstwhile New Bank of India (Now Punjab National Bank), New Delhi of India & the then Senior Manager of Punjab National Bank and one of the Directors of M/s Tricon Wood Products Ltd. were expired during trial of the case.

 

            On completion of trial, the Special Judge, Shillong found both the accused guilty and convicted them.

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