A CBI court here today sentenced former Chairman and Managing Director ofIndian Bank M Gopalakrishnan and four others to one year imprisonment for defrauding various branches of the bank to the tune of about Rs 6.5 crore. CBI Principal Sessions Judge S Malathi also ordered Gopalakrishnan, N Ramakrishnan, bank valuer, V Ravikumar of Arul Builders, K Sai Jagannathan of Incom Builders, and Businessman Varadarajulu to pay a fine ranging from Rs 15,000 to 40,000.
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