Searches were conducted at Bhopal and Bilaspur at residential premises of the accused which led to recovery of incriminating documents, jewelry from the residence of the accused
FinTech BizNews Service
Mumbai, 1 October, 2024: The Ld. Special Judge for CBI Cases, Bhopal has sentenced six accused including Shri Jitendra Pratap Singh, then AGM State Bank of India SBI to 5 years’ RI with fine of Rs. 33,22,250/- and his wife (Smt Kiran Singh), daughters (Smt Namrata Singh, Smt Anvesha Singh, Smt Garima Singh) and son-in-law (Sameer Singh) to 1 years’ RI with total fine of Rs. 25,000/- each in a case related to Disproportionate Assets. Total fine imposed by the Court on accused comes to Rs 33,47,250/-.
CBI had registered the instant case on 30/06/2005 against Shri. Jitendra Pratap Singh, then AGM SBI, on the allegations that accused working in the State Bank of India (SBI) had acquired assets in his name and in the name of his family members to the tune of Rs. 19,17,684 /- (approx.) which were disproportionate to his known sources of income during the period from 01/01/1999 to 02/04/2005. Searches were conducted at Bhopal and Bilaspur at residential premises of the accused which led to recovery of incriminating documents, jewellery from the residence of the accused.
Investigation disclosed that wife and unmarried daughters of accused Shri J P Singh was were dependants on him as neither his wife nor his dependant daughters had filed IT returns and they had no source of income during the material period. Accused Shri Sameer Singh son in law of accused Shri J P Singh was married to accused Namrata Singh in 1999.
Investigation disclosed that Shri J.P Singh opened an SB account at SBI Hamidia Road, Bhopal in the name of Sanjay Singh in 1999 which was falsely claimed as another name of accused Shri Sameer Singh, by using the residential address of accused Shri J. P. Singh in 1999. The introducer of this fictitious a/c was Shri J P Singh and the operator was Sameer Kumar Singh while the nominee was Namrata Singh which was witnessed by Shri J P Singh.
Investigation further revealed that Shri Sameer Kumar Singh in connivance with J P Singh issued one cheque from the said fictitious SB account of SBI, Hamidia Road, Bhopal for the issue of STDRs of Rs. 4.5 Iakh. Accordingly, three STDRs in the name of accused Smt. Kiran Singh, Shri J P Singh and Anvesha Singh totalling for Rs. 4.5 Iakh were issued on 19.11.2001. In this way, Shri Sameer Kumar Singh son-in-law of Shri J P Singh and the family members of accused Shri J P Singh aided and abetted in the commission of offence committed by Shri J P Singh in the accumulation of disproportionate assets beyond the known sources of his lawful income. Further, investigation disclosed that Shri J.P Singh in connivance with his son-in-law Shri Sameer Kumar Singh also got opened another two SB accounts in the fictitious name of Shri Sameer Kumar Singh bearing SB account numbers of Shri Satish Singh of SBI, T.T Nagar, Bhopal and of Santosh Singh of SBI Mahaveer Nagar, Bhopal and deposited in cash the ill-gotten money of Shri J.P Singh into these SB accounts.
Accused Shri Sameer Kumar Singh also opened the three joint SB accounts in the year 2000 in the fictitious names like Sudhir Singh and Anu Singh, Sudhir Singh and Tanu Singh, Sudhir Singh and Manu Singh in connivance with accused persons namely Shri J. P. Singh, Smt. Kiran Singh, Garima Singh, Anvesha Singh and Namrata Singh at SBI, M.P. Nagar, Bhopal, furnishing falls informations and without valid documents. Investigation revealed that Shri Sameer Kumar Singh deposited the ill-gotten money of Shri J P Singh into the aforesaid fictitious accounts. The said three joint SB accounts were overtly or covertly authorized for opening at SBI, MP Nagar, Bhopal by Shri J.P Singh. The STDRs worth Rs.16 lakh were issued on 17.11.2001 and 01.12.2001 in the name of the of Sh. J.P. Singh and his family members by operation of the said three fictitious SB A/cs.
Investigation thus disclosed that accused Shri Sameer Kumar Singh deposited huge cash in the aforesaid fictitious SB accounts and caused the flow of ill-gotten money in the groups of the aforesaid fictitious SB accounts with connvence of Shri J.P Singh and his family members during the period 1999 to 2001. The illegal transaction of the aforesaid six fictitious SB accounts resulted into the creation of STDRs of around Rs. 20 lakh. Investigation revealed that while working as public servant at various places, accused J.P.Singh amassed assets to the tune of Rs. 37,13,113.95/- disproportionate to his known sources of income to the extent of 143 %, which accused could not satisfactorily account for. After completion of investigation, chargesheet was filed on 24/08/2007 against accused persons namely Jitendra Pratap Singh, Smt. Kiran Singh, Namrta Singh, Anvesha Singh, Garima Singh and Sameer Singh.
The Court, after trial, found the all accused guilty and sentenced them accordingly.
