Ex-bank manager gets 4-yr jail in bribery case in UP's Balrampur
LUCKNOW, Nov. 3 -- A special Central Bureau of Investigation (CBI) court in Lucknow has sentenced a former Bank of Baroda branch manager to four years' imprisonment and imposed a fine of Rs.30,000 in a bribery case involving a loan sanctioned to a solar lights business, according to a CBI press note issued on Tuesday.
The convicted man, Subodh Kumar Rastogi, was the manager of the bank's Balrampur branch at the time. The court pronounced the sentence on Monday, nearly 11 years after the CBI registered the case on October 26, 2015.
According to the CBI, the complainant had been sanctioned a loan of Rs.5 lakh to expand his solar lights business. While disbursing Rs.1.25 lakh as a term loan, Rastogi allegedly collected around Rs.25,000 fro...
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