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.
Based on the crime, a case was registered against the four under various sections of the Prevention of Corruption Act by the directorate of vigilance and anti-corruption (DVAC) in Virudhunagar and an investigation had begun. Subsequently, a charge sheet was filed against the accused in March, 2010. The case was under trial with the chief judicial magistrate/special judge for anti-corruption cases in Srivilliputhur.
