Two years rigorous imprisonment to then Director of Khadi & village industries commission in a disproportionate assets case

New Delhi 26th Aug 2015(Sana Sayed): The Special Judge for CBI Cases, Chennai has convicted Shri G. Venkatanarayana, then Director of Khadi & Village Industries Commission, Chennai in a disproportionate Assets case and sentenced him to undergo two years Rigorous Imprisonment with total fine of Rs. One lakh. His wife Smt. Venkateshwari Devi was also sentenced to undergo one year Rigorous Imprisonment in the said case. CBI had registered the case against Shri G. Venkatanarayana, then Deputy Director/State Director of Khadi & Village Industries Commission, Chennai on the allegations that during the check period from 04.12.1989 to 26.04.2002, he had acquired disproportionate assets, both movable & immovable in his name & in the name of wife to the tune of Rs. 47,01,240.12 (approx) as against his known sources of income. After investigation, CBI filed charge sheet against both the accused persons U/s 120 B of IPC r/w 13 (2) r/w 13(1) (e) of Prevention of Corruption of Act 1988. The Trial Court found both the accused persons guilty and convicted them.