MUMBAI: Twenty fours years after State Bank of India (SBI) was cheated of Rs 98 lakh through cheque fraud and forgery, a special CBI court on Wednesday convicted four persons, including its then branch manager, saying the victim in the case is the "national economy".
Former bank employee, Abid Vohra (70), was sentenced to four years rigorous imprisonment (RI) and fined Rs 3.5 lakh while Bhayandar businessman Ashok Bhansali (53) was sentenced to five years RI and fined over Rs 3 crore. Two others, Rizwan Patel (57) and Sadiq Patel (78), were sentenced to three years RI and fined over Rs 30 lakh each. While one person was acquitted, two others are absconding and three died during the pendency of the trial.
.png?w=600)
