news details |
|
|
| Rs 117 lakh JCCB scam | | Manager yields, gets interim bail | |
EARLY TIMES REPORT
Jammu, Jan 29: Chief Manager of a Cooperative Bank facing several charges in Rs 117 lakh local scandal has been granted interim bail by a local court.
Sub-Judge Jammu M.R Chak today granted interim bail to Bharat Bhushan Gupta, then Chief Manager Jammu Central Cooperative Bank (JCCB) allegedly involved in FIR No 1/2010 P/S City u/s 420/409/467/468, till February 8, 2010 with the directions to surrender before the Investigating Officer on February 1, 2010 and also to remain present when required.
The accused Bharat Bhushan Gupta surrendered before the Court and sought bail in the much publicized loan scam of Rs 116.98 lakhs.
Court observed that it seems that the commission of offence has initially started in the year 2005 and FIR registered in the year 2010. The accused has been reportedly placed under suspension and has been divested of his functions as Chief Manager, therefore, it is evident that accused has got no access to the record of the bank and more so there is nothing on record to show that custodial interrogation of the accused is indispensable for the completion of the investigation. In as much as accused is senior citizen having deep routes in the society, moreover, he is not involved in an offence punishable which is death or imprisonment of life and therefore, he is admitted to interim bail up to February 8, 2010 with the direction to surrender before the Investigation Officer, with further directions of furnishing surety of amount of Rs 30000 and personal bond of the same amount. JNF
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
