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| 17 yrs RI , Rs 3.5 Lacs fine to Finance Company owner | | | Early Times Report | 5/18/2012 9:27:11 PM |
| Jammu, May 17: Principal Sessions Judge Jammu Jang Bhadur Singh Jamwal today awarded 17 years rigorous imprisonment and fine Rs 3.50 lacs to Bodh Raj S/o Kaka Ram r/o Shashtri Nagar, Jammu Owner Bharat Finance co. Kanak Mandi, Jammu with the direction that fine shall be recovered from the estate of the accused and paid to the complainant after its recovery.
According to the police case , one Mst.Shera Bibi had deposited an amount of Rs.4 Lacs with the accused M/S Bharat Finance Co. Jammu. She withdrewn at various interval an amount of Rs.83,000/- thereby leaving balance of Rs.3.17 Lacs still with the Finance Co. That accused Bodh Raj in order to dupe the complainant of an amount of Rs.3.17 Lacs, actuated with criminal intention, dishonestly put up the complainant to pay the balance amount on one pretext or the other and thereafter, prepared a fake hundi in transferring her account in the name of her husband, Bashir Ahmed in showing that the same has been adjusted against the alleged debit of her husband which in fact has neither been obtained nor the hundi signed by him and thereby forging a hundi, cheated the complainant of amount of Rs.3.17 Lacs and a case for offence u/s 420,467 RPC has been registered against accused.
Principal Sessions Judge Jammu Jang Bhadur Singh observed that accused being a Financer and well educated person lured the complainant to his net, forged the document of the husband of complainant Bashir Ahmed, prepared a hundi in which he has shown the loan to have been taken by the husband of the complainant, whereas, handwriting comparison of Bashir Ahmed to show the author of the document did not tally with the signatures obtained for FSL examination. This aspect of the case was admitted by the accused himself u/s 342 Cr.P.C when he was explaining the circumstances appearing against him. He has admitted the deposit of money by the complainant and thereafter, making the transfer of the same amount against the adjustment of loan amount obtained by her husband Bashir Ahmed, which otherwise was never obtained by him. This indicates that clear intention of the accused to cheat the complainant and swallowed the money having forged the document.
Principal Sessions Judge Jammu Jang Bhadur Singh Jamwal further observed that Economic offences are on rise and opportunities of such kind of persons those who are looting the countrymen is also increase.
Many people are lured by these companies obtained the deposits tendering them assurances of higher rate of interest. These kind of persons are to be hammered heavenly to be lodged in the jail for longer time so that they are unable to loot the others and disturb their sleep and awarded rigorous imprisonment for 17 years along with fine. (JNF)
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