Chennai, Feb. 27 -- A CBI Court on Thursday convicted and sentenced four accused, including
the then Manager of Indian Overseas Bank (IOB), and two then Proprietors and a Managing Director of private firms to 5-7 years' Rigorous Imprisonment in the 2012 Rs 19.79 crore bank fraud case.
The Court also imposed a total fine of Rs 93 lakh on them and also on a private firm in which one of the accused was the Managing Director, a CBI release said here.
The XIth Additional District Judge for CBI Cases, Chennai convicted and sentenced Ignatius Dheepam, then Manager of IOB, Edaikazhinadu Branch, Vettuvankeni near Chennai coming under neighbouring Kancheepuram district, J. Muthiah, then Proprietor of M/s. Muthu Enterprises, Chennai; M.N. Muralidh...