Bank official sentenced to 3 yrs RI in fraud case

Chennai: A CBI court here on Monday convicted and sentenced a bank official to three years` rigorous imprisonment in a fraud case. EMKS Siddharthar, Additional Special Judge for CBI Cases, Chennai also imposed a fine of Rs 54,000 on the accused T J Mohan, the then Assistant Manager of Indian Bank Erukkancherry branch here.

A case was registered by the Anti-Corruption Bureau of CBI in 2007 against Mohan for allegedly cheating the bank a sum of Rs nine lakh, the agency said in a release. He had opened two SB accounts in the bank`s computer system without necessary documents and had credited Rs nine lakh obtained as loans through fraudulent means and without any requests in these accounts, it said. He later withdrew the entire amount, thus causing loss to the bank. PTI