Former bank manager provided loans by creating fake documents
VIRUDHUNAGAR: A Tamil Nadu Industrial Cooperative Bank (TAICO) branch manager, who provided individual loans by creating fake documents, and a junior assistant at the executive engineer office in PWD (Sattur), who availed the loan, were sentenced to five years of imprisonment by a special judge for anti-corruption cases in Srivilliputhur.
According to sources, in 2008, S Ramachandran, the branch manager, created fake documents and provided loans worth Rs 1 lakh to three government employees including, CK Rajan, Junior Assistant at the assistant executive engineer office of the PWD in Sattur, R Tirupathi Venkatachalam, Junior Assistant at the Assistant Executive Engineer Office of the PWD in Rajapalayam and S Thirunavukarasu, Junior Assistant at the Executive Engineer Office of the PWD in Irukkangudi.