It was alleged that accused Shri Shishir Kumar Srivastava working as Branch Manager, Dena Bank, Amli Branch, Silvassa during the year 2002-2003 entered criminal conspiracy with other accused cheated Dena Bank causing wrongful loss to the tune of Rs.1,93,59,500/- to the govt. exchequer
FinTech BizNews Service
Mumbai, 7 December, 2024: The Special Judge for CBI cases, Court No.06 Ahmadabad has sentenced three accused including Shri Shishir Kumar, then Branch Manager, Dena Bank, Branch, Silvassa and two private persons namely Shri Babu Jayesh Singh Ganeshsingh Thakur and Shri Sumabbhai Bhailalbhai Sheikh to 3 years’ Rigorous Imprisonment with total fine of Rs 3.8 lakh in a bank fraud case, as per the press release issued by the CBI.
CBI had registered the instant case on 01.06.2005 against accused including Shri Shishir Kumar, then Manager, Dena Bank, Amli Branch, Silvssa, Shri Babu Jayesh Singh Thakur, Proprietor of M/s Sumanbhai Bhailalbhai & Co and the firm M/s Sumanbhai Bhailalbhai & Co. It was alleged that accused Shri Shishir Kumar Srivastava working as Branch Manager, Dena Bank, Amli Branch, Silvassa during the year 2002-2003 entered criminal conspiracy with other accused for the purpose of cheating by preparation of forged/ fake Bank Guarantees in favour of HPCL and BPCL, using them as genuine and by abusing his official position used the seal of Dena Bank, Amli Branch for the said forgery and thereby cheated Dena Bank causing wrongful loss to the tune of Rs.1,93,59,500/- to the govt. exchequer.
After completion of investigation, CBI filed chargesheet on 26.07.006 against including convicted accused.
The accused persons faced trial for the offences of criminal conspiracy, cheating, forgery, forgery of valuable security, forgery for the purpose of cheating, and using forged document as genuine and criminal misconduct.
After trial, the Court found the accused guilty and sentenced them accordingly.
