Ramesh Saxena, BJP MLA and four others were awarded two years jail by a Sehore court in Madhya Pradesh in a fraud case committed in Sehore district central cooperative bank eight years ago.
Mr Saxena was Chairman of the Bank at the time of fraud. The investigation was carried out by Madhya Pradesh Police’s Economic Offences Wing (EOW).
They were released later on a bail bond of Rs 15,000 each. They allegedly committed financial irregularities in the disbursement of funds under ‘Apna Ghar Banao’ scheme over eight years ago.
The MLA ,however, said they will challenge the sentence in the MP High Court.