Pune: A special Central Bureau of Investigation (CBI) court in Pune sentenced two former officials of Central Bank Of India and a co-borrower to imprisonment ranging from two to three years in a home loan fraud case. An official disclosed this information on Sunday.
The CBI stated that the special court on Saturday sentenced Nandkishor Khairnar, then manager at the Pimpri branch of Central Bank of India, and Ravi Bhushan Prasad, the bank’s then assistant manager, to three years of rigorous imprisonment along with a fine of ₹75,000 each.
Additionally, the court awarded two years of rigorous imprisonment and a fine of ₹25,000 to Priyanka Prashant Vispute, who had applied for a home loan of ₹18.75 lakh jointly with her husband.
The special court held all three guilty of conspiring to approve the loan using forged documents, resulting in a loss of ₹24.54 lakh to the Pimpri branch of Central Bank of India.
The CBI had registered the case on February 17, 2016, against Rakesh Jaiswal, then assistant general manager of Central Bank of India, along with borrowers Dheeraj Ghanshamdas Chachlani, Karan Rohit Gulati, Rajesh Shishupal Pangal, Prashant Laxman Vispute/Priyanka Prashant Vispute, Pramod Gopalrao Patil/Gopal Daulatrao Patil, Srinath Sudhakar Chabukswar, and Sudhakar Tukaram Chabukswar.
Following investigations, six charge sheets were filed related to various conspiracies.
One specific charge alleged that Rakesh Jaiswal, Prashant Laxman Vispute (borrower), Priyanka Prashant Vispute (co-borrower), Nandkishor Khairnar, and Ravi Bhushan Prasad conspired criminally to approve a housing loan using fake documents.
During the trial, two accused, Assistant Manager Rakesh Jaiswal and Prashant Laxman Vispute, passed away, and charges against them were dropped.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.