Seven-year RI for bank fraud - The Hindu
Updated: Share Article AAA Special Judge for CBI Cases, Madurai, M. Sivaprakasam on Tuesday sentenced Niyaz Khan alias Abdul Razack to undergo seven years rigorous imprisonment and imposed a fine of ₹35 lakh for his involvement in a bank fraud case. The CBI had registered a case in 2002 based on a complaint from Canara Bank alleging that the accused, including a senior manager and other officials of the bank and private persons, in pursuance of a criminal conspiracy presented 20 forged cheques for the total amount of ₹1,17,69,751 and withdrew the amount in respect of 13 cheques. An allege...
Source: thehindu.com