NEW DELHI: A Special CBI court in Bangalore has convicted a bank's head cashier to seven years in prison and a punishment of Rs 2.19 crore for fraudulently exchanging demonetised currency for legal tender.
According to the CBI, B. Dinesh, the then-head cashier of the State Bank of Mysore (now SBI) Periyapatna Branch, fraudulently exchanged demonetised currency for valid currency worth Rs 2,18,46,300 in violation of the Union Government's Notification and was sentenced to seven years in prison and a fine of Rs 2,19,35,000 on Tuesday.
He changed the real amounts and figures printed on deposit slips supplied by other bank customers for crediting the said amount to their accounts. The CBI started a case in 2016 after receiving a complaint and issued a charge sheet against the defendants in 2017. The court found Dinesh guilty after finding sufficient evidence against him.
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