1. Based on the complaint, dated 21.01.2009 given by one M.R. Bagade, CBI has registered a case in Crime No. RC MAI 2009 A 0005/CBI ACB, Chennai. Seven persons were accused in the final report and charges were framed against them for the offences under Sections 120-B r/w 420 IPC and 420 IPC and Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988. A1 [P.K. Velayuthan], Senior Branch Manager, Syndicate Bank, Gugai Branch, Salem, A2 [Mathivanan Inbaraj], Loan Manager/Deputy Branch Manager, Syndicate Bank, Gugai Branch, Salem, A5 [B. Jayachandran], Panel Valuer of Syndicate Bank, Salem are Public Servants. A3 [M.R. Saravanakumar] and A4 [Rajesh Khanna] are Managing Partner and Partner of the M/s Easa Jewellery respectively. A6[Easwari] is the Proprietrix of M/s Roshini Silvers. A7[V. Tamilarasan] is the Proprietor of M/s S.R.V. Jewellery. Specific charges were framed against the Public Servants viz., A1[P.K. Velayuthan], A2 [Mathivanan Inbaraj] and A5 [B. Jayachandran] under Section 13(2) r/w 13(1)(d) of the Prevention of Corruption Act, 1988. Whereas, conspiracy to do substantial offence under Section 420 of IPC is against A1 to A7.

2. The trial Court has acq