THREE YEARS RIGOROUS IMPRISONMENT TO THEN CHIEF MANAGER OF STATE BANK OF INDORE AND SIX OTHERS FOR CHEATING & CORRUPTION

Press Release
New Delhi , 05.12.2012

            The Special Judge for CBI Cases, Indore (M.P) has convicted Shri N.A.Khan, the then Chief Manager, State Bank of Indore, Palsikar Colony Branch, Indore (M.P.) and six private persons i.e. S/Shri Sabir Khan; Kamal Singh Solanki; Manoj Mehna; Mohd. Hussain; Subrati & Smt. Rashida and sentenced them to undergo three years Rigorous Imprisonment with fine of Rs. 2500/- each.

 

            A case was registered on 11.09.2005 U/s 120-B, 420, 419,468 471 of IPC and Sec. 13 (2) r/w 13(1)(d) of PC Act, 1988 on the basis of a complaint received from Chief Vigilance Officer, State Bank of Indore, Indore. It was alleged that Shri N. A. Khan, while functioning as Chief Manager, State Bank of Indore, Palsikar Colony Branch, Indore (M.P.) during the year 2003-2004, entered into criminal conspiracy with the then Officer, State Bank of Indore, Palsikar Colony Branch, Indore and S/Shri Sabir Khan; Kamal Singh Solanki; Manoj Mehna; Subrati; Mohd. Hussain and Smt. Rashida, all private persons of Ratlam & Indore. In pursuance thereof, the accused committed the offences of cheating, impersonation using forged documents as genuine etc, in as much as in 03 fraudulent loan cases, for siphoning off Bank amounts and causing a loss of Rs. 30.27 lakhs (approx).

 

            A chargesheet was filed on 31.1.2008 in the Court of Special Judge for CBI Cases, Indore against S/Shri N.A.Khan; Sabir Khan; Kamal Singh Solanki; Manoj Mehna; Mohd. Hussain; Subrati and Smt. Rashida U/s 120-B, 420, 419, 468, 471 of IPC and Sec.13 (2) r/w 13(1)(d) of PC Act, 1988.

 

            The Court found all the accused guilty & convicted them.

********