A Delhi court has held guilty three officers of Oriental Bank of Commerce, Shimla branch, and two private persons for entering into a criminal conspiracy and cheating the bank to the tune of over Rs.49 lakh.
“I am of the considered opinion that the prosecution has successfully proved its case beyond a shadow of doubt for offences under Section 120B read with Section 420 of the IPC and Section 13 (1) (d) of the Prevention Corruption Act, 1988 against accused bank officers Ashok Katoch, D. K. Gupta and V. K. Sharma and private persons Ravinder Verma and Shanta Lal Chopra,” Additional Sessions Judge Brajesh Kumar Garg said in his 155-page order.
The court ordered that the convicts be taken into custody till the time it hears arguments on the quantum of sentence to be awarded to them.
