Latest LIC of India News & Updates

New Delhi, Dec 25 (IANS) A Special CBI Court, Lucknow, sentenced two persons to five years’ imprisonment with a fine of Rs 12 lakh each for cheating LIC of India of Rs 15.22 lakh in 2003 through fraudulent payments under 20 policies, an official said on Thursday. Braj Kumar Pandey and Manish Kumar Srivastava, colluded with others in the offence and were held guilty of criminal conspiracy by the Special Court, the CBI said in a statement.The Central Bureau of Investigation (CBI) registered the …