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Rs 6.8 crore fraud: CBI court sentences bank manager, 2 others to three years imprisonment

September 23, 2025

Lucknow, Sep 23

A Special CBI Court in Lucknow sentenced a bank official and two others to three-year imprisonment, along with a fine of Rs 1.25 lakh each, for a fraud resulting in a loss of Rs 6.80 crore to the bank, an official said on Tuesday.

The CBI court convicted and sentenced Pankaj Khare, Deputy Chief Manager, Bank of India, two private persons - Rajesh Khanna and Shamshul Haq Siddiqui - in a case registered in 2008 on the complaint of Bank of India, said the CBI official.

The three were sentenced to three years' imprisonment with a fine of Rs 1.25 lakh each for the fraud during 2004-06, the official said in a statement.

The court also imposed a fine of Rs one lakh on an accused private company, Anita Contractor and Construction Private Limited, in the case, said the statement.

 

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