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CBI Court sentences former Minister, MLA in forgery case
Former Minister Mohammed Shakeer and former TDP MLA K Venkata Prasad were convicted by the Central Bureau of Investigation (Hyderabad) Court for creating fake documents of a bank. The then manager of Punjab National Bank (PNB) Chenna Reddy and employee C Uday Kumar were convicted, while Bhopal was acquitted in the case of siphoning DDs of the bank to purchase gold.
​Hyderabad: Former Minister Mohammed Shakeer and former TDP MLA K Venkata Prasad were convicted by the Central Bureau of Investigation (Hyderabad) Court for creating fake documents of a bank. The then manager of Punjab National Bank (PNB) Chenna Reddy and employee C Uday Kumar were convicted, while Bhopal was acquitted in the case of siphoning DDs of the bank to purchase gold.
The convicted along with deceased Dinesh Kumar, Sunil Kumar, and Jagannadham, were accused of siphoning 93 demand drafts of PNB Sanath Nagar branch and purchasing 83 kg gold at Keerthi Jewellers and Used Jewellers in Mumbai. When the jewellers approached the bank to claim the money, they turned out to be forged, which followed a CBI enquiry in the case.
During the enquiry, CBI found the role eight persons including Mohammed Shaker, who was the Minister for Forests in then NTR’s Cabinet. The court on Tuesday, sentenced him to five years imprisonment with a fine of Rs five lakh, MLA Venkata Prasad was sentenced to seven years of imprisonment and asked to pay penalty of Rs 13 lakh and Uday Kumar, who is currently the in charge of TDP at Kadiri in Anantapur district has been sentenced to five years and the then bank manager Chenna Reddy was sentenced for a period of five years imprisonment and Rs 3 lakh fine.
