S.N. VARIAVA, J.:---This Court was established because large amounts were siphoned out from Banks and Financial Institutions into private pockets. The manner by which monies have been siphoned out are many. This case indicates how the broker and the officer, who is a public servant and whose duty it should have been to protect public monies, have conspired to misuse public position to enable the broker to siphon out monies on a large scale.

2. Accused No. 1 was at the relevant time the Executive Vice President of Canbank Financial Services Limited (hereinafter called ""CANFINA""). Accused No. 1 was the Chief Dealer of CANFINA. Accused Nos. 2 and 3 were at the relevant time Assist. Vice Presidents of CANFINA. Accused No. 3 was, at the relevant time, also a dealer of CANFINA. Accused No. 4 was and is a Share and Securities Broker.

3. The case of the prosecution is as follows:

Sometime in September, 1991 one Canbank Mutal Fund had taken out an Issue of Units called CANCIGO Units. It is the case of the prosecution that Accused No. 4 got Andhra Bank to subscribe for the CANCIGO Units F.V. Rs. 11 crores. It is the case of the prosecution that Accused No. 4 got Andhra Bank Financia