 "Court imposes Rs 3 cr fine on ex-official in disproportionate assets case")
A CBI court on Wednesday sentenced a former top official of a Central public sector undertaking to one-year rigorous imprisonment and imposed a fine of Rs 3 crore in a disproportionate assets case.
A CBI release said the Special Judge for CBI Cases, Ernakulam has sentenced Jayaraman Gopal, the then General Manager & Officiating Executive Director, Hindustan Organic Chemicals Ltd, Ambalamugal, near here to undergo one-year rigorous imprisonment with fine of Rs 3 crore for possessing disproportionate assets.
The CBI had registered a case on April 13, 2005 against Gopal and his wife on the allegations that he, while functioning as Deputy General Manager (Projects) and Officiating Executive Director and other positions in the PSU during the period from January 1, 1998 to February 28, 2005 had amassed assets in his name and family members, disproportionate to his known source of income.
After investigation, a charge sheet was filed against Gopal and the Trial Court found the accused guilty and convicted him.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app