New Delhi, Sept. 23 -- A special CBI court in Lucknow awarded a three-year jail term to Pankaj Khare, Deputy Chief Manager, Bank of India and Rajesh Khanna and Shamshul Haq Siddiqui with a fine of Rs 1.25 lakh each in a bank fraud case of Rs 6.8 crore.
A fine of Rs one lakh has been imposed on the accused private company Anita Contractor and Construction Private Limited in the case.
The Central Bureau of Investigation (CBI) registered the case in 2008 on the basis of a complaint of Assistant General Manager, Bank of India, Main Branch, Hazratganj, Lucknow on the allegation that during 2004-2006, the accused entered into criminal conspiracy with others.
They cheated Bank of India, Lucknow branch by availing of cash credit facility on the ...