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Indian Bank chairman Gopalakrishnan, 2 others convicted in cheating case


A CBI court today convicted former Chairman and Managing Director of Indian Bank M Gopalakrishnan and two others in an 18-year-old cheating case, causing Rs three crore 'wrongful loss' to the bank and sentenced him and another person to one year rigorous imprisonment. 

CBI's Anti-Corruption Bureau in 1996 had registered a case against Gopalakrishnan, then CMD of Indian Bank, A V Shanmugasundaram, its zonal manager, K Sundaramurthy, Chief Manager of its Alwarpet branch, S Dhanasingh,Managing Director of city basedAkilam Constructions Pvt, and K Anandan Pillai proprietor of Allengar Foundations, Chennai and Akilam Construction. 


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