Face2News/Bhopal

The CBI Court, Bhopal, on 01.04.2026, convicted and sentenced two accused, Piyush Chaturvedi, the then Senior Branch Manager, Bank of India, Misrod Branch, Bhopal, and Mohan Singh Solanki (Private Person), to Rigorous Imprisonment for 7 Years with a total Fine of Rs. 60,000 in a bank fraud case. 

The Central Bureau of Investigation (CBI) registered the instant case on 25.01.2016 based on a written complaint filed by then Dy. Zonal Manager, Bank of India, Zonal Office, Bhopal.

It was alleged that the accused Piyush Chaturvedi, the then Senior Branch Manager, Bank of India, Misrod Branch, Bhopal, fraudulently and dishonestly sanctioned a term loan of Rs. 27,00,000 in the name of M/s Vision Computer.

After sanctioning the said loan, the accused Piyush Chaturvedi, in conspiracy with co-accused Mohan Singh Solanki, transferred the loan amount to the account of M/s Ajab Kumar Industries, Proprietor Smt. Krishna Bai Solanki (wife of Mohan Singh Solanki). Thereafter, both the accused misappropriated the said amount, causing wrongful loss to the bank and corresponding wrongful gain to themselves. 

After completion of investigation, CBI filed chargesheet against the accused. The Hon’ble Court, after trial, convicted and sentenced the accused persons accordingly.