Union Bank Manager in Noida sentenced 4.5 Years Jail for sanctioning Loan on Fake Documents
The CBI Court in Ghaziabad has convicted and sentenced Manoj Srivastava, Branch Manager, Union Bank of India, SSI Branch Noida, to imprisonment of 4 Years and 6 months with a fine of Rs.30,000 in a Bank Fraud case.
The case was registered by Central Bureau of Investigation (CBI) on 14.12.2010 against Manoj Srivastava, Branch Manager, Union Bank of India, SSI Branch Noida and others on the allegation of Bank Fraud. The report stated that the accused Manoj Srivastava, while posted and functioning as Branch Manager, Union Bank of India, SSI Branch, Noida, during the period from May 2007 to June 2009, misused his official position as a public servant and entered into criminal conspiracy with Kaushal Kishore Sharma, Prop. M/s Surendra Electricals, Surendra Kumar Shukla and a Private Person.
He sanctioned Rs. 40 Lakh on 15.11.2008 to the accused Kaushal Kishore Sharma, Prop. M/s Surendra Electricals, based on fake and forged documents, causing wrongful loss to the Bank.
The CBI filed charge sheet on 29.09.2012 against Manoj Srivastava, Branch Manager, Union Bank of India, SSI Branch Noida; Kaushal Kishore Sharma, Prop. M/s Surendra Electricals; Surendra Kumar Shukla, Private Person. Charges were framed by the Court on 09.08.2019 against Manoj Srivastava.
The accused Manoj Srivastava filed application for Plead Guilty on 22.08.2025 in the Hon’ble Court of Spl. Judge, CBI Anti-Corruption, Ghaziabad, accepting his guilt before the Ld. Court. The Hon’ble Court vide Order and Judgement dated 21.11.2025 convicted Manoj Srivastava and sentenced him accordingly.
