Former RBI employee sentenced for disproportionate wealth

August 26th, 2008 - 4:37 pm ICT by IANS  

Chennai, Aug 26 (IANS) A special Central Bureau of Investigation (CBI) court here Tuesday sentenced Baskaran, a former Reserve Bank of India employee, to five years in jail for accumulating wealth beyond known sources of income between 1988 to 1997.He was also asked to pay a fine of Rs.2 million for the crime. His wife Srikala Devi was also awarded three years’ jail term and Rs.1 million fine.

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