Ex-Banker Gets 7-Year Jail, Rs 15 Crore Fine for Forgery

Ex-Banker Gets 7-Year Jail, Rs 15 Crore Fine for Forgery
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A CBI court in Gujarat has imposed a fine of Rs 15.1 crore and sentenced an ex-bank manager to seven years in jail for a case of forgery. The order was pronounced by the special judge for CBI cases in Gandhinagar. The accused, Preeti Vijay Sahijwani, was working as a senior manager at IOB’s Vastrapur branch when the crime took place. The judgment comes 23 years after the FIR was registered.

The case involved allegations of forgery committed by Sahijwani. After a thorough investigation, the CBI filed charges against her, and the trial proceeded in the court. The court found Sahijwani guilty of the charges and sentenced her to seven years of imprisonment.

Forgery is a serious crime that undermines the integrity of financial institutions and affects public trust. The punishment imposed on Sahijwani reflects the gravity of the offense and sends a strong message to potential offenders.

The seven-year jail sentence and the hefty fine serve as a deterrent to prevent others from engaging in similar fraudulent activities. It also serves as a warning that the judicial system will catch up with those who commit financial crimes, no matter how long it takes.

The fine, amounting to Rs 15.1 crore, is one of the highest fines imposed by a CBI court. It signifies the severity of the offense and aims to compensate for the financial loss caused by the forgery. The court’s decision to impose such a significant penalty reflects its commitment to upholding justice.

The order delivered in this case highlights the importance of a strong legal system that can ensure justice, even in long-pending cases. While it took 23 years for the judgment to be delivered, it is a testament to the perseverance of law enforcement agencies and the judiciary in pursuing cases and bringing the guilty to justice.

This case serves as a reminder that no crime goes unpunished, regardless of how much time has elapsed. It offers hope to victims of fraud and forgery that justice will prevail, and those responsible will face appropriate consequences.

The judgment not only holds Sahijwani accountable for her actions but also acts as a deterrent to others who may contemplate engaging in similar criminal activities. It serves as a warning that financial crimes will be met with severe penalties.

Overall, this case demonstrates the commitment of the CBI and the judicial system to root out corruption and ensure that wrongdoers face the consequences of their actions. It reiterates the significance of a robust legal framework in maintaining a fair and just society.

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TIS Staff

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