India

CBI Court sentences PNB Officials, advocate in Rs 4 crore bank fraud case

January 12, 2026

New Delhi, Jan 12 (UNI) A special CBI court has sentenced Punjab National Bank (PNB) officials to three years imprisonment in a Rs 4 crore bank fraud case. The court sentenced Kulvinder Kaur Johar, the then Chief Manager/Branch Head, and Ranjiv Suneja, the then Senior Manager of PNB, to three years in prison and imposed a fine of Rs 75,000 each. The accused panel advocate of Punjab National Bank, Nrapendra Singh Parihar, was sentenced to two and a half years imprisonment with a fine of ₹50,000.

Central India's Premier English Daily

Credit: Centralchronicle

Key Highlights

The CBI registered the case in 2013 against Sanjiv Dixit, Proprietor of Shankar Metals; Sanjay Sharma, Proprietor of Super Machines; Indra Rani; and other unknown persons.
It was alleged that the accused conspired to dishonestly obtain a Cash Credit facility of Rs 4 crore from Punjab National Bank’s Jor Bagh Branch, New Delhi, using bogus and forged property documents, and diverted the loan proceeds for unauthorized purposes.
The investigation revealed that Sanjeev Dixit colluded with PNB officials K. K.
Johar, Ranjiv Suneja, panel advocate N. S.
Parihar, and others to fraudulently secure the loan based on forged documents and siphon funds through fake accounts of fictitious firms.

India

Sources

CBI Court sentences PNB Officials, advocate in Rs 4 crore bank fraud case

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

CBI Court sentences PNB Officials, advocate in Rs 4 crore bank fraud case

Key Highlights

Sources

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