Three get jail terms in forgery case

Image
Press Trust of India New Delhi
Last Updated : May 28 2013 | 7:57 PM IST
A State Bank of India official and two others have been convicted by a special CBI court here in a cheating and forgery case.
The then SBI officer G C Jain has been sentenced to five years of rigorous imprisonment, while his accomplices Rakesh Kumar and Pramod Kumar were sentenced to four-year jail term, a CBI spokesperson said here today.
The court also slapped a fine of Rs 2.70 lakh on Jain and Rs 60,000 each on the other two convicts, the official said.
CBI had taken up this case on the complaint of the SBI on on September 28, 1990.
In its complaint, SBI had alleged Jain, the then officer Junior Management Grade scale, and five private persons defrauded the bank to the tune of Rs 12.33 lakh by substituting genuine pay-in-slips submitted by customers for crediting cheques, drafts and other such instruments with forged ones in favour of accounts opened in the name of his relatives on his introductions.
CBI had filed charge sheet against Jain, Rakesh and Pramod on December 22, 1992.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: May 28 2013 | 7:57 PM IST

Next Story