Court sentences a bank official to one year imprisonment for accepting bribe

A court here has sentenced a bank official to one-year rigorous imprisonment on two counts and a fine of Rs 8,000 for accepting a bribe from a farmer for sanctioning and disbursement of the loan.

The allegation in the case was that the accused Akshaya Kumar Sahoo, then Branch Manager, Andhra Bank, Sompeta, Srikakulam District, was caught red-handed while accepting bribe of Rs 10,000 from the complainant for sanction and disbursement of the loan of Rs 2 lakh towards purchasing cows and buffaloes, CBI said in a release here.

After completion of the trial, second additional special judge for CBI cases, Visakhapatnam, yesterday convicted the official under the Prevention of Corruption Act and ordered that sentences would run concurrently.

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