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Former Pune bank manager gets 10 years jail for fraud

Thursday - February 20, 2020 7:20 pm , Category : INDIA
Pune, Feb 20 (IANS) A special CBI court here has sentenced, to 10 years rigorous imprisonment, a former branch manager of the Bank of Maharashtra for causing a loss of Rs 2.56 crore to the bank.
A fine of Rs 24 lakh was also slapped on Shaliwahan Solegaonkar.
Another accused Rakesh Jadhav was given a three year term of rigorous imprisonment and a Rs 10,000 penalty.
The scam was committed between 2009-2017.

--IANS qn/vd