7 year impressment with fine, to then head cashier of SBM in case related to fraudulent exchange of demonotized currency with legal currency notes

SEVEN YEARS RIGOROUS IMPRISONMENT WITH FINE OF Rs. 2,19,35,000/- TO THEN HEAD CASHIER OF SBM IN A CASE RELATED TO FRAUDULENT EXCHANGE OF DEMONETIZED CURRENCY WITH LEGAL CURRENCY NOTES

The Special Judge, CBI Cases, Bangalore has sentenced Shri B. Dinesh, then Head Cashier, State Bank of Mysore (presently SBI), Periyapatna Branch, District -Mysore (Karnataka) to undergo seven years Rigorous Imprisonment with fine of Rs. 2,19,35,000/-.

CBI had registered a case against Shri B. Dinesh, the then Head Cashier, State Bank of Mysore, Periyapatna Branch, District Mysore on the allegations that the accused had fraudulently exchanged demonetized currency with legal valid tender currency notes to the tune of Rs. 2,18,46,300/- during the period from 10.11.2016 to 23.11.2016 in violation of the Government of India Notification dated 08.11.2016. It was further alleged that Shri B. Dinesh had altered the actual denominations/figures written on the deposit slips submitted by the genuine customers for crediting the said amount to their respective accounts.

After investigation, CBI filed charge sheet on 30.11.2017 against the accused.

The Trial Court found the accused guilty and convicted him.