CBI Court Sentences 12 Accused in Uttarakhand Gramin Bank Fraud Case, Ex-Manager Gets 4 Years Jail
A CBI Court in Dehradun has convicted and sentenced 12 people, including a former branch manager of Uttarakhand Gramin Bank, in a bank fraud case.
The main accused, Ram Avtar Singh Dinkar, who was the Branch Manager of Uttarakhand Gramin Bank, Bazpur branch in Udham Singh Nagar district, has been sentenced to 4 years of rigorous imprisonment. The court has also imposed a fine of ₹50,000 on him.
Along with him, 11 private individuals—Ram Singh, Harjeet Singh, Diwan Singh, Hardutt Singh, Jasvir Singh, Balkar Singh, Pooran Chand, Deedar Singh, Mahesh Kumar, Gurdeep Singh, and Sona Singh—have also been convicted. Each of them has been sentenced to 1 year of rigorous imprisonment, with a total combined fine of ₹3.3 lakh.
How the Case Started
The Central Bureau of Investigation (CBI) registered the case on June 19, 2018, based on a written complaint dated June 12, 2018. The complaint was submitted by the General Manager of Uttarakhand Gramin Bank’s Head Office in Dehradun.
Fraud Details
According to the investigation, the fraud took place during 2014–15. The accused branch manager, along with a private tractor dealer M/s K.G.N. Tractors and Equipments, Doraha, Bazpur, was involved in a criminal conspiracy.
They allegedly:
- Sanctioned and disbursed KCC (crop loans) and agricultural term loans illegally
- Violated bank rules and procedures
- Misused crop loans as margin money for term loans
- Transferred loan money to the tractor dealer
However, no agricultural machinery was actually purchased. This caused a financial loss of about ₹3.39 crore (₹3,39,94,657) to the bank.
Investigation and Trial
After completing the investigation, the CBI filed a charge sheet on December 24, 2018 against all the accused. Following the trial, the court found all the accused guilty and announced the sentences accordingly.
In another update, a CBI court in Lucknow has sentenced two people, including a former branch manager of State Bank of India (SBI), to five years in prison in a bank fraud case. The court has also imposed a total fine of ₹13 lakh.
The convicted persons are Ashok Kumar Dixit, former Branch Manager of SBI, Colonelganj Branch in Allahabad, and Govind Ram Tiwari, proprietor of M/s G.R. Associates, Allahabad. The investigation revealed that during 2003–2004, Dixit entered into a criminal conspiracy with Govind Ram Tiwari. They worked together to fraudulently sanction and disburse 36 housing loans. Due to this fraud, the bank suffered a loss of ₹1,81,85,500. The accused also gained wrongful benefits from the scam.
