New Delhi, Jan 12: The CBI Court, Delhi on 09.01.2026, convicted and sentenced the accused public servants namely, Smt. Kulvinder Kaur Johar, the then Chief Manager Branch Head, and Mr. Ranjiv Suneja, the then Sr. Manager, both officers of Punjab National Bank, Jorbagh Branch, New Delhi to Three Years Imprisonment with a fine of Rs. 75,000 each.
The accused Panel Advocate of Punjab National Bank Mr. Nrapendra Singh Parihar has also been sentenced to Two and half Years Imprisonment with a fine of Rs. 50,000, in a bank fraud case.
The Central Bureau of Investigation (CBI) registered the instant case on 11.07.2013 against the accused Sanjiv Dixit, Proprietor of M/s Shankar Metals; Sanjay Sharma, Proprietor of M/s Super Machines; Indra Rani and other unknown persons.
It was alleged that the accused persons in criminal conspiracy among themselves, dishonestly and fraudulently obtained a Cash Credit facility of Rs. 4 crore from Punjab National Bank, Jor Bagh Branch, New Delhi on the strength of bogus and forged property documents and diverted the loan proceeds for purposes other than those for which the facilities had been sanctioned.
Investigation established that the accused Sanjeev Dixit in connivance with PNB bank officials namely K.K. Johar; Ranjiv Suneja, and one Panel advocate N.S. Parihar and other accused persons dishonestly and fraudulently got sanctioned CC limit of Rs. 4 crore based on forged property documents/ forged KYC documents from PNB, Jorbagh Branch, Delhi, and diverted the bank funds using bogus bank accounts of fictitious firms, companies.
After completion of investigation, CBI filed chargesheets against the accused Sanjeev Dixit @ Sanjay Sharma, Proprietor of M/s Shankar Metals; N.S. Parihar, Panel Advocate; Kulwinder Kaur Johar, Bank officer; Ranjiv Suneja, Bank officer; Rahul Sharma (Private Person) and Rajeev Sharma (Private Person).
The Court, after the trial, convicted and sentenced the aforementioned accused persons accordingly. The accused Sanjeev Dixit is proclaimed offender in this case and is evading trial. The accused Rahul Sharma and Rajeev Sharma have been acquitted.
