Delhi’s Rouse Avenue Court has acquitted nine accused, including one company and four bank officials, in a corruption case nine years after the trial started, citing the “casual” manner of an investigation by the agency. This case pertains to an alleged fraud of Rs 4.8 crore to a Canara Bank.
A case was registered in 2011 and the trial began in 2015. Special judge Hasan Anzar acquitted Harpreet Fashion Pvt. Ltd.
, Mohanjit Singh Mutneja, Gunjit Singh Mutneja, Harpreet Kaur Mutneja, Harmendra Singh, Raman Kumar Agarwal, Darwan Singh Mehta, TG Purshottam and CT Ramkumar. Four of the accused were bank employees. The Court in the judgement passed on June 3, said that the prosecution failed to bring home the charges against the public servants and it also failed to establish that there was any conspiracy between the public servants and the private accused persons or between the private accused persons.
The prosecution has failed to prove that Harpreet Fashion, Mohanjit Singh Mutneja and Harpreet Kaur Mutneja in conspiracy with Gunjit Singh Mutneja and Harmendra Singh have committed any offence of cheating, the court said in the judgement. It was alleged by the CBI that four separate criminal conspiracies were hatched from 2003 to 2007 by the accused persons to defraud the bank. CBI alleged that the funds, through 47 different cheques, were diverted to five sister companies of Harpreet Fashion, which were granted a loan by the bank.
“Mere issuance of checks by an accused to .
