CBI court jails retired banker, 5 of family, CA in assets case

BHOPAL: A CBI special court on Monday convicted a retired bank officer, five members of his family and a CA in a 19-year-old disproportionate assets case.

Judge Arvind Kumar Sharma sentenced former assistant general manager of SBI Jitendra Pratap Singh to three years of rigorous imprisonment and fined him Rs 32,22,250. If he fails to pay, he will have to spend three more months in prison and his properties will be disposed of to recover the amount.

His wife Kiran Singh, daughters Anvesha, Garima and Namrata Singh, son-in-law Sameer Singh and the CA were given one-year jail and fines of Rs 25,000 each. All of them were convicted under Prevention of Corruption Act and IPC section 109 (abetment of crime).

Banker made bogus a/cs in wife, daughter’s names

The central agency filed a chargesheet in 2007, alleging that Singh had amassed disproportionate assets amounting to Rs 37,13,113 between Jan 1, 1999, and April 2, 2005. The court noted that these assets were accumulated in the names of the bank official, his wife and daughters through bogus accounts at various SBI branches.

The special court determined that Singh had unlawfully accumulated assets amounting to over Rs 32,22,253, “significantly exceeding his legitimate income during the period”, and found him guilty of violating Section 13(2), read with Section 13(1)(E), of Prevention of Corruption Act.