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EX-MIN SHETTY, 3 OTHERS GET 3 YRS JAIL FOR SBM LOAN SCAM
The New Indian Express Mysuru
|February 07, 2025
A SPECIAL city court on Thursday sentenced former minister S N Krishnaiah Shetty and three others, who were accused of financial fraud in the then State Bank of Mysuru housing loan scam, to three years imprisonment with a fine.
Judge Santhosh Gajanan Bhat of the Special Court for the trial of criminal cases against sitting and former MPs and MLAs, passed the order. The case was probed by the Central Bureau of Investigation (CBI) which submitted a chargesheet against the accused, who defrauded SBM between 2003 to 2006, by creating false documents.
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