Retired SDCC Bank Manager Gets 3-Year Jail Term in Bribery Case

Bhubaneswar: A Special Vigilance Court in Baragada on Wednesday sentenced a retired branch manager of Sambalpur District Central Cooperative (SDCC) Bank to three years of rigorous imprisonment (RI) and imposed a fine of Rs 20,000 after convicting him in a bribery case registered by Odisha Vigilance.

The court convicted Raghumani Sahu, former Branch Manager of SDCC Bank, Paikmal Branch in Baragada district, in connection with a corruption case involving demand and acceptance of a bribe from a loan applicant.

According to Odisha Vigilance, Sahu had demanded and accepted a bribe of Rs 8,000 from a member of the Jamseth Service Cooperative Society for sanctioning a Medium Term Non-Agricultural (MTNA) loan in the applicant’s favour.

He had been charge-sheeted by Odisha Vigilance under Sections 13(2) read with 13(1)(d) and 7 of the Prevention of Corruption Act, 1988.

Following trial, the Special Judge, Vigilance, Baragada , found Sahu guilty and sentenced him to undergo rigorous imprisonment for three years besides levying a fine of Rs 20,000.

Odisha Vigilance said it will move the competent authority for stoppage of pension benefits of the retired bank official following his conviction in the corruption case.