THREE YEARS RIGOROUS IMPRISONMENT TO THEN BRANCH MANAGER OF STATE BANK OF INDIA IN A BRIBERY CASE

Press Release
New Delhi , 22.07.2013

            The Special Judge for CBI Cases, Ranchi(Jharkhand) has convicted Shri Suresh Prasad, then Branch Manager, State Bank of India, Manika Branch, Latehar in a bribery case and sentenced him to undergo three years Rigorous Imprisonment with fine of Rs.3000/-. A private person Shri Rasool Milan was also sentenced to undergo one year Rigorous Imprisonment in this case.

 

            CBI had registered a case on 12.10.2004 U/s 7 of PC Act, 1988 against the accused on the allegations that he had demanded Rs. 1500/ from the complainant as illegal gratification for sanctioning a loan of Rs. 25,000/- under Swarn Jayanti Gram Swa Rojgar Yojona in his favour.

 

            After investigation, CBI filed a chargesheet on 29.01.2005 U/s 120-B & 7 and Section 13(2) r/w 13(1)(d) of PC Act, 1988.

 

            The Trial Court found the accused guilty and convicted him.

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