Former divisional manager of insurance firm gets 2-year RI

Published: 13th July 2016 04:20 AM  |   Last Updated: 13th July 2016 04:20 AM   |  A+A-

CHENNAI: A former divisional manager of New India Assurance was sentenced to two years of rigorous imprisonment for misappropriating funds worth `38.19 lakh.

The XIV additional special judge for CBI cases on Tuesday convicted S Ashok Kumar, former manager of Mylapore division, for entering into criminal conspiracy with six persons by fraudulently changing the agency code used by their predecessors in the Group Mediclaim Insurance Policies of Medical Research Foundation (Sankara Nethralaya), Chennai. This act resulted in misappropriation of insurance company funds worth `38.19 lakh.

Ashok Kumar along with K Bakshi Ghulam Mohammed Ali, another divisional manager of New India Assurance, who died during the trial, entered into a criminal conspiracy with Aswin Bhat and Kanniappan, agents of New India Assurance along with M Qamerunnisa, wife of Ali, Javed Ahmed and C Suresh, the then manager of Medical Research Foundation, to change the agency code, said CBI spokeswoman.

The incident happened between 2005-2009 and six chargesheets were filed. Along with Ashok Kumar, the judge sentenced Kanniyappan and Suresh Kumar to two years of rigorous imprisonment each. Ashwin Bhatt, Qamerunnisa and Javed Ahmed were sentenced to one year of rigorous imprisonment. A fine of `2.15 lakh was also imposed on them.

Idol smuggling case

Idol smuggler G Deenadayalan who was arrested last month on charges of smuggling antiques will be produced at a Srivilliputtur court in Virudhunagar district on Wednesday. The octogenarian is being taken there in connection with a 2005 case. “This pertains to the smuggling of 13 idols from the Narum Poonathar temple at Palavur in Tirunelveli,” police said.

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