Seven Years RI for Bank Fraud: CBI Court Ruling

The CBI Court in Jaipur sentenced Murari Lal Meena, a former Special Assistant at Oriental Bank of Commerce, to seven years of rigorous imprisonment and a fine of Rs. 4.3 lakh for bank fraud. Meena issued unauthorized certificates that led to a loss of Rs. 83.69 lakh to the bank.

Seven Years RI for Bank Fraud: CBI Court Ruling

CENTRAL BUREAU OF INVESTIGATION (INFORMATION SECTION)

CBI Court Sentences Bank Official to Seven Years RI with Fine of Rs. 4.3 Lakh in Bank Fraud Case

The CBI Court, Jaipur, on 01.09.2026, has convicted and sentenced Murari Lal Meena, then Special Assistant, Oriental Bank of Commerce, Lalsot, District Dausa, Rajasthan, to Rigorous Imprisonment for Seven Years with a fine of Rs. 4,30,000, in a bank fraud case.

The Central Bureau of Investigation (CBI) registered the instant case on 20.12.2017 on the complaint lodged by Oriental Bank of Commerce, Lalsot, Dausa branch, alleging that the accused Murari Lal Meena, then Special Assistant, Oriental Bank of Commerce, Lalsot, Dausa abused his official position by dishonestly issuing unauthorized “No Dues Certificates” thereby facilitating release of the mortgaged securities despite outstanding loan liabilities and causing a wrongful loss of Rs. 83,69,495 to the bank across 25 loan accounts.

After completion of investigation, the CBI filed charge-sheet on 28.08.2019 against the accused Murari Lal Meena, and charges against the accused were framed on 23.01.2024.

The Hon’ble, Court, after the trial, convicted and sentenced the accused, accordingly.

Radhika Goyal

Radhika Goyal is Author of Taxconcept Gurugram head office, for deeply reported tax, gst and income tax articles on issues that matter. He splits her time between New Delhi and Bengaluru, and has worked as a reporter, a podcaster and an editor for publications across India.

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