Udayavni Special

Man convicted of bank fraud gets 5 yrs imprisonment


Team Udayavani, Apr 8, 2021, 10:16 AM IST

Bengaluru: A CBI Special Court here sentenced a private individual to five years simple imprisonment with a fine of Rs four lakh in a bank fraud case.

According to the CBI officials, they registered a case on July 31, 2002, against the then chief manager of the Basavanagudi branch of Canara Bank here and others on a complaint from the bank.

Shyam M Ganglani, the private individual, along with other accused, had allegedly cheated the bank in the matter of closing Foreign Currency Non-Resident (FCNR) deposits by creating forged applications and caused loss to the extent of about Rs 1.34 crore to the bank.

After investigation, the CBI filed a charge sheet on June 30, 2003 against four accused, including the then chief manager of Canara Bank Basavanagudi branch, and private individuals, including Ganglani.

The case against the then Chief Manager was abated as he expired, the CBI said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

DK DC announces new rules for marriages during wknd curfew; less than 50 guests, passes necessary

22 patients die due to interrupted supply of O2 at Nashik hospital

Covaxin neutralises double mutant strain: ICMR

Looks like K’taka govt changed its plan to impose lockdown after PM’s speech: Shivakumar

Serum prices COVID vaccine for pvt hospitals at Rs 600/dose; for state govts at Rs 400/dose

Pvt COVID-19 vaccination centres to procure directly from manufacturers form May 1

Pune poultry farmer approaches cops after hen stops laying eggs




Related Articles More

DK DC announces new rules for marriages during wknd curfew; less than 50 guests, passes necessary

Dakshina Kannada ZP launches Cleanliness Task Force in district’s GPs

Looks like K’taka govt changed its plan to impose lockdown after PM’s speech: Shivakumar

Dist faces vaccine shortage amid surge in new cases, MLAs not bothered: Ivan D’souza

Verdict on Bhaskar Shetty murder case on May 29

MUST WATCH

Ram Navami Special | Exclusive Interview with Vishwa Prasanna Theertha Swamiji | Udayavani

A model police station with all Covid-19 precautions set up in Mangaluru

Udayavani 20-April-2021 News Bulletin

Beer truck overturns, people fight like cats and dogs

Chikkamagaluru: Medical shop fraudulently sold 9-yo glucose packets

Latest Additions

DK DC announces new rules for marriages during wknd curfew; less than 50 guests, passes necessary

BSF demands FIR against Pakistani pigeon

KL Rahul opts to bat against Sunrisers Hyderabad

Places in India that are lookalikes of foreign destinations

22 patients die due to interrupted supply of O2 at Nashik hospital

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.