Ahemdabad, November 27: Deepak Kumar Kohli, a former manager of Punjab National Bank at Navrangpura branch, was sentenced three-year jail term on Friday by a special CBI court for a loan scam of over Rs 25 lakh.
He was arrested in October 2002 for disbursement of Rs 3.5 crore towards loan to some 40 people without verifying land records. Question was raised on authenticity of documents and Kohli was booked in 70 different cases for cheating, forgery and criminal conspiracy.
Out of 70 FIRs, the Navrangpura police did not file charge sheet in six cases, in which he was granted default bail. By August 2013, Kohli got bail in 30 cases and he was acquitted in one case. For remaining 39 cases, the trial began after 2014. The delay was caused in trail because the person, who had filed the complaints, did not turn up before the court for cross examination as he had left the country.
CBI had registered a case against Deepak Kumar Kohli then Branch Manager PNB and others on 10.06.2002 u/s 120-B r/w 420, 468, 471 of IPC and 13(2) r/w 13(1)(d) of PC Act, 1988. It was alleged that Branch Manager along with other private persons entered into a criminal conspiracy and sanctioned various housing loans without observing proper procedure, on the strength of bogus documents. A loss of Rs. 25,06,052.62/- approximately was caused to Bank.
After investigation, Charge Sheet was filed against the accused persons in the Designated Court at Ahmedabad. The Trial Court found the accused persons guilty and convicted them.