Face2News/Dehradu

The CBI Court Dehradun on Tuesday has convicted and sentenced Ram Avtar Singh Dinkar, the then Branch Manager, Uttarakhand Gramin Bank, Bazpur Branch, District Udham Singh Nagar, Uttarakhand to Rigorous Imprisonment for 4 Years with a fine of Rs.50,000 and 11private persons, namely, Ram Singh; Harjeet Singh; Diwan Singh; Hardutt Singh; Jasvir Singh; Balkar Singh; Pooran Chand; Deedar Singh; Mahesh Kumar; Gurdeep Singh and Sona Singh to Rigorous Imprisonment for One Years with a total fine of Rs. 3.3 Lakh in a bank fraud case. 

The Central Bureau of Investigation (CBI) registered the instant case on 19.06.2018 based on a written complaint dated 12.06.2018 received from General Manager, Uttarakhand Gramin Bank, Head Office, Dehradun (Uttarakhand). It was alleged that during the year 2014–15, the accused R.A.S. Dinkar, the then Branch Manager, Uttarakhand Gramin Bank, Bazpur Branch, District Udham Singh Nagar, Uttarakhand, in criminal conspiracy with a private tractor dealer, M/s K.G.N. Tractors and Equipments, Doraha, Bazpur, District Udham Singh Nagar fraudulently sanctioned and disbursed KCC/crop loans and agricultural term loans in violation of the guidelines and procedure of the Bank.

The accused public servant allegedly misused crop loans as margin money for agricultural term loans, and the bank funds were sent to the tractor dealer M/s KGN Tractors and Equipment. However, no agricultural machinery was purchased and thereby causing financial loss of Rs. 3,39,94,657 to the Bank. 

After completion of investigation, CBI filed a charge-sheet on 24.12.2018 against the accused. The Hon’ble Court, after the trial, convicted and sentenced the above-mentioned accused accordingly.