THREE YEARS IMPRISONMENT TO AN OFFICIAL OF PRIVATE FIRM AND TWO OFFICIALS OF FOOD CORPORATION OF INDIA IN SEPARATE CASES

Press Release
New Delhi, 03.04.2017

       The ACMM 3rd Court, Mumbai has today sentenced Shri Ram Krishna Agarhari, then official of M/s Rajinder Pipes Ltd, Raipur to undergo three years Simple Imprisonment with fine of Rs.5,000/-.

      CBI had registered a case on 23.03.2007. Investigation revealed that Shri Ram Krishna Agarhari,of M/s Rajinder Pipes Ltd, Raipur had entered into a criminal conspiracy for the sanction of a term loan of Rs. 20 crore (approx) from IDBI. False information for setting up a project of M/s Rajinder Pipes Ltd was given. After disbursal of the loan, the same was diverted to the associate concerns. Charge sheet was filed before ACMM 3rd Court, Mumbai on 23.07.2008 against accused Shri Ram Krishna Agarhari.

      In another case, the Special Judge-III, CBI Cases, Ernakulam(Kerala) has convicted Shri P. Lakshmanan, then Assistant Manager(Depot) & Shri K. Dasan, Assistant Grade-II, both working in Food Corporation of India (FCI), Muzhapilangad, Kannur District(Kerala) and sentenced them to undergo three years Rigorous Imprisonment with fine of Rs.50,000/- each.


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