Ex-manager convicted of cheating bank

  Kulkarni who was the branch manager, had sanctioned 16 warehouse receipt loans, given generally to planters /growers/farmers, to 20 employees of Best Coffee Curing Works Private Limited. The Court also convicted the employees in the case.

The court has awarded simple imprisonment (two years) and a fine of Rs 12.75 lakh and an additional six months simple imprisonment in case they fail to pay the fine.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)