Four ex-SBI employees among 7 convicted for cheating bank of ` 90 L

Among those sentenced is a woman, Zarina Batliwala alias Nargis Divendry, who was also convicted in 2018 by another court in a fraud case concerning Bank of Baroda, in which she was fined Rs 16 lakh.

A special Central Bureau of Investigation (CBI) court on Monday convicted seven persons, including four former employees of State Bank of India, in a case of defrauding the bank’s Opera House branch of Rs 90 lakh in 2010.

The complaint had been lodged by a bank official as fabricated documents were used to secure the credit. Among those sentenced is a woman, Zarina Batliwala alias Nargis Divendry, who was also convicted in 2018 by another court in a fraud case concerning Bank of Baroda. The court had then ordered her to pay Rs 16 lakh as fine.

Divendry, 59, was sentenced to five-year imprisonment on Monday. The Dombivli resident will get a set-off as she has been in custody since 2011. She was fined Rs 2,000, the lowest among her co-accused.

One Vijay Sheth, who had allegedly helped arrange fabricated documents for Divendry and himself to get the loan, had died pending trial, said prosecutor Jitendra Kumar

Sharma. The trial against him had abated. Dnyaneshwar Sawant, who prepared the forged KYC and other documents, was sentenced to oneyear in jail and a fine of Rs 10,000.

Then assistant general manager Neela Samant, 60, and Jayant Bijapurkar, then assistant vice-president (credit), who both allegedly appraised the loan proposal were sentenced to one-year and twoyear imprisonment, respectively, and fined Rs 20 lakh each.