Syed Ahmed – Appellant
Versus
Chief Manager and Disciplinary Authority, Corporation Bank – Respondent
( 2 ) THE petitioner was appointed as a peon in the Corporation Bank in 1956 and he was working as a peon in the Regional Office Since 2-12-1991. On 26-10-1991, the Chief Manager ordered the sanction for prosecution of the petitioner under Section 6 (1) (c) of The Prevention of Corruption Act. The charge was that the petitioner had distributed certain loans and had not credited the collected instalments from the loanees. He was prosecuted under section 409 of theindianpenalcode inc. C. No. 4/92, and finally by order dated 31-3-1993 he was acquitted on the ground that there was no evidence of entrustment. Thereafter, a fresh charge-sheet was given on 13-12-1993 and on 8-1-1994 stating that in respect of certain loans sanctioned by the Bank, the borrowers had stated that they never went to the Bank; that the documents were executed and the loan amounts were received at the residence of the petitioner, who retained the amounts ranging from 50/- to Rs. 100/- per each loan; and that this conduct of the petitioner amounted to taking bribe and is a serious misconduct under clauses 19.
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