MillenniumPost
Delhi

Seven jailed for defrauding Rs 1.14 crore from bank

A court here has sentenced four bank officials and three other people to three years’ jail for defrauding a bank to the tune of Rs 1.14 crore, and said their act has eroded common man’s confidence in the banking institution.

‘The conduct in which the convicts herein had indulged not only lowers the image of public servants, as well as the system, but also erodes the confidence which a common man has in the banking institution, as such,’ the Central Bureau of Investigation (CBI) special judge Kanwaljeet Arora said in an order delivered last week. The court added that this act eroded of faith of the common man.
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