Former branch manager of Union Bank of India sentenced to four years in bank fraud case

Ghaziabad, October 18 (IANS). A special Central Bureau of Investigation (SBI) court has convicted a former branch manager of Union Bank of India in a bank fraud case. The Ghaziabad special court on Saturday sentenced Manoj Srivastava, branch manager of Union Bank of India, Small Industries Branch (Noida), to four years imprisonment and a fine of Rs 30,000 in a bank fraud case. According to the FIR registered by CBI, this case pertains to the period between 2007 and 2009. During this period, Manoj Srivastava was working as Branch Manager in SSI branch of Union Bank of India, Noida. He was accused of abusing his official position and entering into a criminal conspiracy with other persons to sanction and disburse loans based on false and forged documents, causing financial loss to the bank. In this regard, the Central Bureau of Investigation (SBI) registered a case against Manoj Srivastava and others on 14 December 2010. After completing the investigation, SBI submitted the charge sheet to the court on 29 September 2012. Accused Manoj Srivastava entered a guilty plea in the court of Special Judge trial, the case. He confessed his crime before the court. The court in its judgment on Saturday, taking into account the guilty plea of ​​the accused, found him guilty on both charges (CC) and ordered a fine of Rs 30,000 along with four years rigorous imprisonment. With this decision, the case reached its conclusion after almost 15 years. Earlier, CBI arrested a divisional officer in Jammu in a case of bribery of Rs 80 thousand. This officer is posted in the legal department of Jammu and Kashmir and Ladakh Finance Corporation (JKLFC). –IANS ASH/PSK Share this story Tags