Lucknow: A special CBI court on Friday sentenced Suresh Chandra Dubey, a former panel lawyer of Allahabad Bank, to three years in jail for his role in a bank fraud case. The court also fined him Rs 40,000.
The case was filed in 2009 after the AGM of Allahabad Bank’s Varanasi Divisional Office lodged a complaint. According to the complaint, then bank manager Sanjeev Malviya approved a housing loan of Rs 6 lakh for Pramod Kumar Singh and Geeta Singh. This loan was based on fake documents and a false legal opinion provided by Suresh Chandra Dubey.
The fraud caused significant financial losses to the bank. After an investigation, the CBI filed charges against the manager, the lawyer, and the beneficiaries.
The court had already convicted the other three accused in 2019 and 2020. However, proceedings against Suresh Chandra Dubey were delayed due to a High Court stay.
After hearing 23 witnesses, the court found Dubey guilty. He was sentenced to three years in jail and fined Rs 40,000 on Friday.
