Alipore, May 15: The Special Judge, CBI Cases, Alipore (West Bengal) has sentenced Shri Debatosh Chanda, then Branch Manager, Bank of Maharashtra, New Alipore Branch, Kolkata to undergo five years Simple Imprisonment with fine of Rs.57,000/- and Sh. Indrajit Chatterjee, Proprietor of M/s Chatterjee Exports, Lower Range, Kolkata, to undergo five years Simple Imprisonment with fine of Rs.51,000/-.
CBI had registered a case on 08.11.2001 against the accused on the allegations that the accused entered into a conspiracy and in furtherance to the said conspiracy, the Branch Manager, Bank of Maharashtra, allowed the said private person to avail Rs.12 lakh by way of creating a bogus loan account without execution of any document.
An alleged loss of Rs.12 lakh (approx) was caused to Bank. After investigation, Chargesheet was filed on 27.11.2002 in the Court of Special Judge, Alipore against the accused.
The Trial Court found the accused guilty and convicted them.
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