Central Bureau of Investigation (CBI) arrested Satish Kumar Anand, a Proclaimed Offender (PO) in a case regarding financial institution fraud of ₹5,69,000 of Bank of India.
The accused Satish Kumar Anand and Ashok Kumar had been convicted by Ld. Special Judge, CBI, Dehradun vide judgement dated June 19, 1985.(iStockphoto)
CBI had registered the case on May 5, 1978 towards the three accused, together with the then Bank Branch Manager, Satish Kumar Anand and Ashok Kumar on the allegations that the accused then Bank Branch Manager whereas posted and functioning as Branch Manager throughout 1977 entered into felony conspiracy with Satish Kumar Anand to cheat the Bank, in accordance with the probe company.
According to CBI, the mentioned Bank Branch Manager superior mortgage to a personal firm on the cast receipt submitted together with the payments by falsely displaying dispatching of consignment, and as a consequence of this wrongful loss to the financial institution and pecuniary acquire to the tune of ₹5,69,000 was prompted to accused Satish Kumar Anand.
After investigation, CBI had filed the cost sheet towards all of the three accused individuals – the then Bank Branch Manager, Satish Kumar Anand and Ashok Kumar within the Ld. Court of Special Judge, CBI, Dehradun.
The accused Satish Kumar Anand and Ashok Kumar had been convicted by Ld. Special Judge, CBI, Dehradun vide judgement dated June 19, 1985 and awarded Imprisonment (RI) of 05 Years and high-quality of Rs.15,000. The accused then Bank Branch Manager was acquitted.
After conviction, the accused Satish Kumar Anand absconded. The Ld. Court of Special Judge, CBI, Anti-Corruption, Dehradun declared absconding Satish Kumar Anand as Proclaimed Offender vide the order dated November, 30, 2009, the probe company mentioned.
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