Updated

38 minutes

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10:00 PM

Mumbai News LIVE Updates: Five convicted for Rs 2.88-crore bank fraud case

The accused conspired to provide a wrongful financial gain to Karan Cans Pvt Ltd in 1998-99, and caused a loss of Rs 2.88 crore to the bank, as per the CBI`s case. During the trial, public prosecutor C J Nandode examined 23 witnesses. (PTI)

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53 minutes

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09:45 PM

Mumbai News LIVE Updates: Former bank officials, three others get two-year jail term in CBI corruption case

The accused were found guilty of criminal conspiracy, cheating, falsification of accounts, and violations under the Prevention of Corruption Act. Besides a two-year prison term, the court also imposed a fine of Rs 5,000 each on former bank officials V R Pai and Sivasailam Hariharan

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