New Delhi, Sep 20
The Special Judge, CBI Court, Ghaziabad, on Saturday, convicted and sentenced Manoj Srivastava, Branch Manager, Union Bank of India, SSI Branch Noida, to four years' imprisonment with a fine of Rs 30,000 in a bank fraud case.
“Manoj Srivastava while posted and functioning as Branch Manager, Union Bank of India, SSI Branch, Noida, during the period from May 2007 to June 2009, by abusing his official position as a public servant, entered into criminal conspiracy with Anil Kumar Govil, Accountant, Union Bank of India, SSI Branch, Noida and sanctioned Rs 40 Lakh on February 10, 2009 to accused Rajeev Buddhiraja, Prop. M/s Bharti Associates, based on fake and forged documents, causing wrongful loss to the lender Bank,” CBI said in a press statement.
Notably, the CBI arrested the Branch Manager, UP Grameen Bank, Sankisha Branch, District- Farrukhabad, earlier this month and a private person while accepting a bribe of Rs 30,000 from the complainant.