CBI court awards 5 yr RI to Tamil filmmaker in cheating case

May 31, 2016 21:33

A CBI court today sentenced a Tamil filmmaker to five years rigorous imprisonment and slapped a fine of Rs 2.40 crore on him for defrauding a state-run bank to the tune of Rs 2.34 crore.

XI Additional CBI Court judge Venkatasamy convicted filmmaker Abavanan, Chief Manager Rajagopalan, and an Assistant Manager Ramanujam, both employees of Punjab National Bank, Cathedral Road branch here, for various offences under IPC including criminal conspiracy.

While Rajagopalan was sentenced to three years RI and slapped a fine of Rs 15 lakh, Ramanujam was given three years RI and fined Rs.10 lakh. The bank officials were also convicted under Prevention of Corruption Act.

Two others, PNB Regional Manager H P Subramanian and Thenmozhi, wife of Abavanan, were acquitted.

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