Corruption Case Bank Manager's Wife Sentenced

The judge of the Court for Central Bureau of Investigation (CBI) cases, S. Rangaraju, sentenced the wife of a bank manager and a broker to two- year rigorous imprisonment on corruption charges. According to the Anti-Corruption Bureau (ACB) of the CBI, C. Prabhakaran of Dharmapuri had applied to the branch of a nationalised bank at Kadathur in Dharmapuri district for Rs.15 lakh as loan for buying a truck.

S. Thanikachalam of Morappur in Dharmapuri district, posing as a broker for bank manager R.G. Anandan, approached Mr. Prabhakaran and sought a bribe of Rs.25,000 for getting the loan sanctioned. The broker is said to have taken the bribe to the house of the manager and handed it over to his wife Sivakami Anandan.

On a complaint from Mr. Prabhakaran, the CBI registered cases in December 2006 against Thanikachalam, Mr. Anandan and his wife under Section 120 B (Conspiracy) of the Indian Penal Code, read with Sections 7 and 12 of the Prevention of Corruption Act. The court acquitted the manager of the charge and sentenced Thanikachalam and Sivakami Anandan to two-year rigorous imprisonment and imposed a fine of Rs.2,000 each on them for the charge of conspiracy, and another two-year rigorous imprisonment and a fine of Rs.2,000. In default of payment, the duo would undergo three more months’ rigorous imprisonment.

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