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Ex-DRT recovery officer, 4 others get 5-yr RI, ₹6L fine in fraud case
The New Indian Express Madurai
|April 04, 2025
THE Madurai Bench of the Madras High Court on Wednesday convicted and sentenced five persons, including a bank manager and two former officials of the Madurai Debt Recovery Tribunal (DRT), for cheating a property owner and a private sector bank by undervaluing a property and auctioning it without following public auction procedure.
Justice KK Ramakrishnan passed the order on an appeal filed by the CBI challenging the acquittal of the above individuals—former recovery officer S Kasimayan and upper division clerk R Selvaraj of Madurai DRT, Selvaraj's wife R Anitha and brother-in-law R Rajesh Kannan, and bank manager N Vakeeswaran—by the II Additional District Court for CBI Cases, Madurai in 2016.
This story is from the April 04, 2025 edition of The New Indian Express Madurai.
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