Visakhapatnam, Sept. 17 -- The Central Bureau of Investigation (CBI) Court in Visakhapatnam has convicted and sentenced Kalaka Ramdas, then Inspector of Central Excise and Customs, Srikakulam Range, along with Polaki Janakiram of Vandragi village in Srikakulam district, and a private company in a Rs 32.28 crore fraud case, the agency said in a release on Wednesday.

According to the release, all three have been awarded five years' imprisonment each. The court also imposed fines of Rs 1,01,000 on Ramdas, Rs 2,51,000 on Janakiram, and Rs 2,01,000 on the company, amounting to a total fine of Rs 5.53 lakh.

"CBI registered the instant case on 30.08.2005. It was alleged that a private person entered into a criminal conspiracy with the accused ...