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Special Judge, CBI Cases, Saket Courts, has convicted those accused in a conspiracy to cheat account holders in State Bank of Bikaner & Jaipur (SBBJ), Sarita Vihar Branch.
A CBI statement said that the court has sentenced Krishna Kumar Singh, then Assistant Manager, State Bank of Bikaner & Jaipur (SBBJ), Sarita Vihar Branch, New Delhi, to undergo six years of rigorous imprisonment with a fine of ₹ 5 lakh and two private persons, Vandana Sinha and Amitesh Kumar, to undergo one-year rigorous imprisonment with a fine of ₹ 1 lakh each.
The court found the accused guilty of siphoning nearly ₹ 331.47 lakh by creating fake special term deposit receipt (STDR) accounts and then transferring the interest of such STDRs in the savings account of co-accused and through some dormant or fake accounts.
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