A special court of Central Bureau of Investigation (CBI) in Ghaziabad has sentenced an official of KVIC and a private individual for their involvement in a loan-bribery conspiracy. The duo was convicted for demanding and accepting an illegal gratification of ₹1.25 lakh to process a fraudulent loan application. :contentReference[oaicite:3]{index=3}
Details of the Case
The accused — Binod Kumar, an assistant at KVIC Divisional Office Meerut (and acting as District Coordinator for Meerut and Shamli during 2016–2017) — conspired with a private person, Surendra Khurana (aka Sunny Khurana), to accept a bribe of ₹1.25 lakh from a complainant. This was allegedly in return for processing a loan application for a Cement Tiles Manufacturing Unit amounting to ₹15,57,600 — despite the application being invalid. :contentReference[oaicite:6]{index=6}
The case was formally registered by CBI on 15 September 2017; a charge sheet was filed on 13 November 2017. After trial, the court delivered its verdict this week. :contentReference[oaicite:7]{index=7}
Sentence Awarded
The court sentenced Binod Kumar to four years imprisonment along with a fine of ₹50,000. Surendra Khurana was sentenced to three years imprisonment and fined ₹10,000. :contentReference[oaicite:8]{index=8}
Significance of the Verdict
This conviction underscores the CBI’s ongoing crackdown against corruption and bribery within public institutions. It serves as a strong warning: officials involved in processing loans — especially under schemes aimed at promoting cottage and village industries — must adhere strictly to due diligence and regulatory norms.
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