Cashier, LIC agent get four-year jail for transacting in demonetised currency

Cashier, LIC agent get four-year jail for transacting in demonetised currency

BENGALURU: Refusing to show leniency for the accused, in a case involving the issue of banker’s cheques by accepting the demonetised currency, the Special Court for CBI Cases sentenced the head cashier of a nationalised bank and a leading agent of LIC in Hosapete to four years simple imprisonment. S Gopalakrishna, head cashier of Dam Road Branch of State Bank of Mysore (SBM) in Hosapete and KS Raghavendra, an LIC agent, are the accused. Gopalakrishna allegedly issued 107 banker’s cheques…
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Source: https://www.newindianexpress.com/amp/story/states/karnataka/2024/Apr/28/karnataka-cashier-lic-agent-get-four-year-jail-for-transacting-in-demonetised-currency