CBI COURT SENTENCES FORMER SENIOR BRANCH MANAGER, BANK OF INDIA , PRIVATE PERSON TO SEVEN YEARS RI IN BANK FRAUD CASE

Face2News/Bhopal

The CBI Court, Bhopal, on 14.05.2026, has sentenced two accused namely, Piyush Chaturvedi, the then Senior Branch Manager, Bank of India, Misrod Branch, Bhopal and Mohan Singh Solanki (Private Person) to Rigorous Imprisonment (RI) for 07 Years with a total Fine of Rs. 60,000 in a bank Fraud Case.

The Central Bureau of Investigation (CBI) registered the instant case on 25.01.2016 based on a written complaint filed by then Dy. Zonal Manager, Bank of India, Zonal Office, Bhopal. It was alleged that the accused Piyush Chaturvedi, the then Senior Branch Manager, Bank of India, Misrod Branch, Bhopal, fraudulently and dishonestly sanctioned a term loan and Cash Credit limit of Rs. 30,00,000 in the name of M/s R.J. Enterprises on 26.11.2013.

On the same day, Rs. 25,00,000 was fraudulently debited through RTGS transaction from the said account of M/s R.J. Enterprises on the basis of forged and fabricated RTGS form and voucher and transferred to the account of M/s Sanwariya Machine of the accused Mohan Singh Solanki and the said money was misappropriated by both the accused in furtherance of criminal conspiracy. Thereby, the accused caused wrongful loss to the bank and corresponding wrongful gain to themselves.

After completion of investigation, CBI filed charge sheet before the Competent Court against accused Piyush Chaturvedi, and Mohan Singh Solanki.

The Hon’ble Court, after trial, convicted and sentenced the accused persons accordingly.