Daijiworld Media Network - New Delhi

New Delhi, Oct 18: In a decade-old bank fraud case, Manoj Srivastava, former branch manager of Union Bank of India’s SSI Branch in Noida, was convicted and sentenced to four years of imprisonment along with a fine of Rs 30,000 by the special judge of the CBI Court in Ghaziabad on Friday.

The Central Bureau of Investigation (CBI) had registered the case against Srivastava and others on December 14, 2010, following allegations of criminal conspiracy and abuse of official position. During his tenure from May 2007 to June 2009, Srivastava reportedly sanctioned loans using forged and fabricated documents, causing significant financial losses to the bank.

According to the CBI, Srivastava colluded with others to approve fraudulent loans, exploiting his rol

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