CBI court convicts five for bank fraud
Chennai, Aug 31 : A CBI special court on Friday convicted five persons and sentenced them to jail, including an official of Canara Bank, for five years in a bank cheating case, said the investigating agency.
In a statement issued here, the CBI said the court convicted S.R. Karunakaran, Senior Manager, Canara Bank, for five years. The court also sentenced A.B. Janakiraman, B.Ramesh, B.Suresh and S.Lakshmi.
The court imposed a total fine of Rs 80 lakh on the convicts.
The CBI said the accused Karunakaran abused his official position and permitted temporary overdraft from open cash credit (OCC) accounts without following any procedure.
Karunakaran also allowed diversion of OCC funds to the partners of a firm Hobby Screens, Chennai, and caused a loss to Canara Bank to the tune of Rs 2.11 crore, said the probe agency.
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Will of people supreme, says Mahua Moitra after BJP's landslide victory in Bengal
Kolkata (PTI): A day after the Trinamool Congress faced a drubbing by the BJP in the West Bengal assembly elections, TMC MP Mohua Moitra on Tuesday said her party respects the mandate as the will of the people is supreme.
She also said that the party will continue the fight for a “secular country”.
In a post on X, Moitra said, “The will of the people is supreme. If Bengal wanted BJP, then Bengal has got BJP. We respect that.”
The BJP on Monday scripted history by winning 206 seats to secure more than a two-thirds majority in the West Bengal assembly polls, ending the TMC’s 15-year rule.
"We fought the good fight against unimaginable odds on an uneven pitch and for that I am proud of my leader & my party," Moitra said.
She said the TMC will continue to stand and fight for a secular country where the constitution, and "not brute majoritarianism, is the last word”.
