Central Bureau of Investigation (CBI) arrested Satish Kumar Anand, a Proclaimed Offender (PO) in a case referring to financial institution fraud of ₹5,69,000 of Financial institution of India.
CBI had registered the case on Might 5, 1978 in opposition to the three accused, together with the then Financial institution Department Supervisor, Satish Kumar Anand and Ashok Kumar on the allegations that the accused then Financial institution Department Supervisor whereas posted and functioning as Department Supervisor throughout 1977 entered into legal conspiracy with Satish Kumar Anand to cheat the Financial institution, based on the probe company.
In line with CBI, the stated Financial institution Department Supervisor superior mortgage to a non-public firm on the solid receipt submitted together with the payments by falsely exhibiting dispatching of consignment, and resulting from this wrongful loss to the financial institution and pecuniary achieve to the tune of ₹5,69,000 was triggered to accused Satish Kumar Anand.
After investigation, CBI had filed the cost sheet in opposition to all of the three accused individuals – the then Financial institution Department Supervisor, Satish Kumar Anand and Ashok Kumar within the Ld. Court docket of Particular Decide, CBI, Dehradun.
The accused Satish Kumar Anand and Ashok Kumar had been convicted by Ld. Particular Decide, CBI, Dehradun vide judgement dated June 19, 1985 and awarded Imprisonment (RI) of 05 Years and advantageous of Rs.15,000. The accused then Financial institution Department Supervisor was acquitted.
After conviction, the accused Satish Kumar Anand absconded. The Ld. Court docket of Particular Decide, CBI, Anti-Corruption, Dehradun declared absconding Satish Kumar Anand as Proclaimed Offender vide the order dated November, 30, 2009, the probe company stated.
