Five sent to jail for cheating Indian Bank of Rs 4.19 crore
Darpan News Desk IANS, 02 Jun, 2023 10:46 AM
Chennai, June 2 (IANS) A special CBI court here on Friday awarded various jail terms to five individuals from two firms who cheated the India Bank of a total of Rs 4.19 crore.
The court sentenced P. Senthilkumar, the then CEO-cum-Chairman of Palpap Ichinichi Software International Ltd, Chennai, to five years rigorous imprisonment while T.R. Dhanasekar and R. Karunanidhi, both then Directors of SJS Network and Services Ltd, Chennai, were sentenced to three years rigorous imprisonment.
J. Murali and B. Latha Bhas were also sentenced to three years of rigorous imprisonment.
In addition to the jail terms, the court imposed a fine of Rs 1,25,000 on all the accused. Furthermore, a fine of Rs 1 lakh each was imposed on Palpap Ichinichi Software International Ltd and SJS Network & Services (P) Ltd.
The CBI registered the case against them in 2008 based on a complaint from Indian Bank. It was alleged that Palpap Ichinichi Software International Ltd, represented by Senthilkumar and others, and SJS Network and Services Ltd, represented by Dhanasekar and Karunanidhi, availed loans based on fake documents. They failed to repay the loan amount, causing a loss of Rs 4.19 crore to the bank.
After the investigation, a charge sheet was filed in 2008 against the accused before the Court of Additional Chief Metropolitan Magistrate, Chennai.
The trial court noted that the CBI successfully proved the case of the prosecution and held the accused guilty.
Pachauri had filed a contempt of court petition in February 2016, alleging several media houses for deliberately and contemptuously not following the court's orders restricting them from publishing sexual harassment claims against him. The affidavit further read that Goswami is a respectable citizen of the country, who abides by the law and holds all courts in high esteem.
Presiding over the meeting regarding the demands of the Sanyukta Kisan Morcha here, Dhaliwal said the new agricultural policy is being prepared with the aim of boosting the income of the farmers. Also, the government is making efforts to solve many problems of the farmers.
The accused identified as Yogesh alias Gogha, was previously involved in 16 criminal cases, including attempt to murder, robbery, dacoity,criminal intimidation and the Arms Act, registered in Delhi and its peripherals.
The same single-judge bench had on May 11 directed the jail superintendent to provide Sisodia with a video conferencing facility to speak to his wife every alternate day between 3-4 p.m. as per prison rules, till the disposal of the bail plea.
The mishap occurred at around 4:45 p.m. when the bus going from Nehru Place to Maharani Bagh lost control and rammed into multiple vehicles, causing the death of one person besides leaving five others injured, two of them critically. The identity of the deceased man is yet to be ascertained.
Cheema also took on both the Aam Aadmi Party (AAP) and the Congress which have decided to boycott the inauguration ceremony. He said AAP was talking about the issue being one of respect for the President.
