Mumbai, May 11 (IANS) A Special CBI Court in Maharashtra’s Kolhapur on Monday sentenced a man to three years’ Rigorous Imprisonment (RI) for conniving with bank officials and taking a “second” new car loan of Rs 5 lakh for a vehicle he already possessed, an official said.​

Yasin K Shaikh was sentenced to Rigorous Imprisonment (RI) along with a fine of Rs 14,000 in a bank fraud case.​

The Central Bureau of Investigation (CBI) registered the case on December 29, 2011, based on a complaint from Canara Bank.​

It was alleged that Shaikh, in conspiracy with bank officers, availed a fraudulent ‘Canmobile’ loan of Rs 5 lakh towards the purchase of a car which was already owned by him.​

He allegedly presented false and forged documents and suppressed the fact of a previous loan sanction for the purchase of the same vehicle, the CBI said.​

In brief, the accused was sanctioned loan for the purchase of his own vehicle, that too twice, which was beyond the delegated financial powers of the public servants and in gross violation of bank guidelines, the CBI said.​

In a separate case, the CBI arrested a Postal Department official in Telangana for demanding a bribe, an official said.​

Kokku Gopinath, Inspector of Posts, Wanaparthy Division, was arrested while demanding and accepting a bribe of Rs 30,000 from the complainant, the agency said in a release.​

The CBI registered the case on May 7 against Gopinath and unknown others for extorting Rs 1.30 lakh from the complainant by the accused and for demanding a bribe of Rs 30,000 to release the substitute salary due to the complainant.​

The CBI laid a trap and caught the accused Inspector red-handed while demanding and accepting a bribe of Rs 30,000 from the complainant.​

–IANS

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