CBI Court Sentences Ex Official to Three Years Imprisonment
FinTech BizNews Service
Mumbai, 24 October, 2026: The CBI Court, Ghaziabad, has convicted and sentenced on 23.10.2026 Ved Prakash Pandey, the then Sub Post Master, Post Office Beg Muzaffar Khan, Agra, UP, to imprisonment for Three Years with a fine of Rs.25,000, in a funds Misappropriation case.
The Central Bureau of Investigation (CBI) registered the instant case on 17.12.2008 against the accused Ved Prakash Pandey. It was alleged that 51 depositors got their MIS and TDS account opened in Post Office B.M. Khan, Agra and entrusted initial amount to the then Sub Post Master, Ved Prakash Pandey who issued them new Pass Books having account numbers.
The Pass Books contained the entry of the deposited initial amount under the signature of the accused Ved Prakash Pandey. The accused mentioned the details of deposition of the money in the Pass Books and the ledgers only and not in any of the remaining documents including the list of transactions and daily account summary vide which the credit and debit details of each day are intimated to the HO and reconciled with. In this way the accused Ved Prakash Pandey dishonestly misappropriated the funds amounting to the tune of Rs.15,27,000 (Rupees fifteen lakh and twenty seven thousand) and caused wrongful loss to the postal department and corresponding gain to himself.
After completion of investigation, the CBI filed Chargesheet against the accused Ved Prakash Pandey on 30.09.2009. The Hon’ble Court, after the trial, convicted and sentenced the accused, accordingly.
