The First Additional Special Judge for CBI cases R. Sudhakar Naidu on Thursday sentenced Bodapati Peter Sunand Kumar, the then Administrative Officer, National Insurance Co. Ltd., Kakinada, to undergo three years rigorous imprisonment and to pay a fine of Rs.3000 in a disproportionate assets case.
The accused was an AO at the Kakinada branch of the company between April 1, 1993 and June 25, 2004.
He had acquired movable and immovable properties valued at Rs.24.52 lakhs, which are disproportionate to his known sources of income, in the names of his family members. He failed to satisfactorily account for the assets. After conduct of regular trial, the court pronounced the judgement convicting Sunand Kumar for the offences punishable under Section 13 (2) read with 13 (1) (e) of the Prevention of Corruption Act, 1988.
The judge also ordered confiscation of the properties of the accused to the tune of Rs.23,54,071, which have already been attached by the court to the State.
CBI Deputy Inspector General G. Nageswara Rao called upon the public having any complaints about corruption in central government departments, PSUs, nationalised banks and government insurance companies to contact him in person or over the toll free no. 1800 42500100 or email him email@example.com.