The CBI Special Court of Lucknow, the capital of Uttar Pradesh, on Tuesday (September 23, 2025), convicted and sentenced the four accused in the fraud case of Rs 6.8 crore of Bank of India. This case was between 2004 and 2006.
In this case, it is alleged that bank officials and some private people together took cash credit from Bank of India, Hazratganj branch, Lucknow by putting fake documents and fake work orders. These money was rotated for personal benefits instead of using in real work. This caused a loss of Rs 6.8 crore to the bank.
What decision did the Special Court of CBI give the verdict,
In the case, the Special Court of CBI gave the verdict that the deputy chief manager of Bank of India, Pankaj Khare, Rajesh Khanna (private person), Shamsul Haq Siddiqui (private person), all three will have to pay a fine of 3 years and Rs 1.25 lakh. Apart from this, Anita Contractor and Construction Private Limited Company has also been fined Rs 1 lakh. The CBI registered a case on the bank’s complaint in 2008 and filed a charge sheet in 2009.
A total of 9 accused were involved in the case
- Anita Jain (Managing Director, Anita Contractor and Construction)
- Prem Prakash Asthana (Chief Manager, Bank of India)
- Pankaj Khare (Deputy Chief Manager, Bank of India)
- Sudhir Kumar Jain (Proprietor, Jamuna Construction Company)
- Mohammad Istayak Khan (Private Person)
- Poonam Sinha (Private person)
- Rajesh Khanna (private person)
- Shamshul Haq Siddiqui (Private person)
- Anita Contractor and Construction Private Limited (Company)
Accused Anita Jain was released due to lack of evidence
Anita Jain, accused in the case, was acquitted due to lack of evidence. The case against Prem Prakash Awasthana and Poonam Sinha was abolished during the trial. Sudhir Kumar Jain and Mohammad Istayak Khan died during the trial. Finally, the court sentenced four to convict and gave relief to the rest.
ALSO READ: Digital Arrest: Fraud of Rs 23 crore … 78 -year -old retired officer was robbed by making digital arrest for a month