Uttarakhand Gramin Bank Manager sentenced to 2 years Jail in Bank Fraud Case

Dehradun, September 30, 2025: A special CBI Court in Dehradun has convicted and sentenced a former manager of Uttarakhand Gramin Bank and five private persons in a major bank fraud case. The judgment was passed on September 29, 2025.

The former manager, identified as Laxman Singh Rawat, was the then Manager of Uttarakhand Gramin Bank, Dehradun. He has been sentenced to Two Years Imprisonment and a fine of Rs. 15,000.

The five private persons sentenced are Makan Singh Negi, Kalam Singh Negi, Sanjay Kumar, R.C. Arya, and Meena Arya. Each of them received a sentence of One Year Imprisonment and a fine of Rs 10,000/-.

Details of the Fraud

The Central Bureau of Investigation (CBI) initially registered the case on February 24, 2010. The action followed a complaint from the Chief Manager (Vigilance) of Uttarakhand Gramin Bank’s Head Office in Dehradun.

The core allegation was that the accused, Laxman Singh Rawat, had fraudulently generated a debit entry of Rs. 1,23,49,842/-. He did this by debiting the head office account for the bank’s Prem Nagar branch. The large sum of money was then credited to six different loan accounts belonging to the private persons and entities who were also charged in the case.

Investigation and Trial

Following its investigation, the CBI filed a charge sheet on April 1, 2011, against Laxman Singh Rawat and the five private individuals.

The Ld. Court of Special Judge, CBI, Dehradun, framed charges against all six accused. After a thorough trial, the Hon’ble Court found all six accused persons guilty, leading to their conviction and sentencing.