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22 years on, 3 bank officers, guarantor get 2-year jail in loan fraud case

The guarantor of businessman Vijay Seth has been identified as Nargis Diventry (70). The other three have been identified as Srikant Padale (73), Vijaya Nair (66) and V Radhakrishnan (82).

Vijay Sawant, the then senior manager of the bank, did not take the original title deeds of the property in possession, in violation of the prescribed rules and willfully accepted only xerox copies to help Sheth. Sawant had retired and died before the CBI filed a chargesheet in the case. (Getty Images)
Updated on Apr 01, 2023 09:16 PM IST
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