Chandigarh, May 3 -- A special CBI court in Chandigarh has found an inspector of the investigating agency guilty of extorting a Honda City from a city-based pharmaceutical company after threatening its officials of false implication in a case in 2016.

The accused, Ravinder Kumar Singla, was convicted under Sections 7 and 13 (1) (d) (ii) punishable under Section 13 (2) of the Prevention of Corruption Act and Section 384 (extortion) of the Indian Penal Code.

The quantum of sentence will be announced on Saturday. Another accused, Paramjit, was acquitted due to lack of evidence.

As per the prosecution, Ravinder was booked on May 24, 2016, on the complaint of officials of Nectar Life Sciences Ltd, a pharmaceutical firm in Sector 9.

Ravinde...