The Madurai Bench of the Madras High Court has sentenced five individuals, including former bank and tribunal officials, to five years of rigorous imprisonment in a 2009 corruption case investigated by the CBI. The accused were found guilty of conspiring to undervalue auction properties for personal gain, leading to financial losses. The High Court overturned their 2016 acquittal, imposing a total fine of ₹27 lakh. However, the sentences have been temporarily suspended following a Supreme Court order.
View More Five Sentenced to 5 Years in Jail for Fraud in DRT Property Valuation Case
Five Sentenced to 5 Years in Jail for Fraud in DRT Property Valuation Case
