The Himachal Herald, Shimla
The Special Judge, CBI cases, Rouse Avenue Courts, New Delhi has sentenced Shri V.B.Katoria, then Branch Manager, Bank of Baroda, Pusa Road, New Delhi and Shri Santosh Kumar Jasrasaria, then Director of M/s Saras Cabs Private Limited based at New Delhi to undergo four years Rigorous Imprisonment with fine of Rs.1.10 Lakh each. A fine of Rs.5 Lakh was also imposed upon private firm M/s Saras Cabs Private Limited. This case was registered on 29.04.2002 on a complaint from Bank of Baroda, New Delhi. It was alleged that accused defrauded the Bank of Baroda in the matter of credit facility & Bank Guarantee obtained by the accused for a sum of Rs.220 Lakh(approx) for the purpose of purchasing & operating 50 radio taxi at New Delhi. The accused also defrauded bank in the matter of credit facility & bank guarantee obtained for a sum of Rs.150 Lakh(approx) for facilitating supply of various food items to the Department of Social Welfare(Govt of NCR), Delhi, Super Bazar, Delhi and Govt of Nagaland. After investigation, a chargesheet was filed against the accused for causing an alleged loss of Rs.2.74 crore(approx) to Bank of Baroda. The Trial Court found the accused guilty and convicted them.
As colour can’t lose its ability to give colour after being broken several times. Similarly, I also can’t unlearn the art of spreading love and smile, after being broken, several times by my life !
Boasting a rich and dynamic career of over 18 years in journalism. A “journalist” usually works for an organization such as a newspaper or radio or TV station. They are hired to cover news events and present the information in a timely (and hopefully accurate) manner. There are free lance journalists who sell stories to independent companies.
“As a Journalist I mainly concerned with getting the facts straight”
RP Negi
Editor in Chief
Contact: 9816020056
Email: [email protected]