A former rural bank manager in Dehradun has been sentenced to four years of rigorous imprisonment for his involvement in a Rs 3.39 crore loan fraud case. Additionally, 11 other individuals received one-year prison terms in connection with the same fraud case.
The convicted manager, Ram Avtar Singh Dinkar, who worked at Uttarakhand Gramin Bank’s Bazpur Branch, was found guilty of fraudulent activities related to crop loans and agricultural term loans. The Central Bureau of Investigation (CBI) initiated the case in 2018 based on a complaint from the bank’s General Manager.
The investigation revealed that Dinkar, in collusion with a private tractor dealer, misused bank funds by sanctioning loans against guidelines. The funds were diverted to the tractor dealer without the purchase of any agricultural machinery, resulting in a substantial financial loss to the bank.
Following the completion of the investigation, the CBI filed a chargesheet in 2018, leading to the recent sentencing of the accused individuals by a Special CBI Court. The court’s decision was based on the evidence presented by the CBI, establishing the culpability of the convicted individuals.
