Naman Ojha’s father was sentenced to seven years in prison in an embezzlement case
Former Rajasthan Royals and Sunrisers Hyderabad player Naman Ojha’s father Vinay Ojha has been sentenced to seven years in prison in connection with an embezzlement case involving the Bank of Maharashtra. Vinay Ojha and three others were found guilty, and one person was acquitted.
Naman Ojha’s international cricket career was very short. He had played only one Test, one ODI and two T20Is, scoring 69 runs. However, the former cricketer played in the Indian Premier League (IPL) for 10 seasons where he played for Rajasthan Royals, Delhi Capitals and Sunrisers Hyderabad.
Naman Ojha’s father, Vinay Ojha, sentenced to seven years in prison
In 2013, a major embezzlement of Rs 1.25 crore took place at the Bank of Maharashtra branch in Joulkheda, Betul, Madhya Pradesh. The case involved six people, and after 11 years, a verdict was finally issued. Four individuals, including Vinay Ojha, were convicted in connection with the fraud.
The Multai Additional Sessions Court issued its verdict on Tuesday. The court found several key people guilty, including Abhishek Ratnam, who was identified as the mastermind behind the fraud. Ratnam was sentenced to 10 years in prison and a fine of Rs 80 lakh for his role in the embezzlement.
Vinay Ojha, who was serving as the bank’s deputy manager at the time, was also convicted. He was sentenced to seven years in prison and a fine of 7 thousand rupees. Two brokers, Dhanraj Pawar and Lakhan Hingwe, who were involved in the scheme, were given seven-year jail terms and a fine of Rs 7 lakh.
The embezzlement was carried out using bank officials’ passwords
During the investigation of the case, it was revealed that the fraud was carried out using the bank officials’ passwords. Nilesh Chatrole, a trainee branch manager whose ID and password were misused in the scheme, was acquitted. Four people were convicted, including Abhishek Ratnam and others.
“During the investigation, it was found that the embezzlement was carried out using the bank officials’ passwords,” said prosecutor Rajesh Sable.
Opened fake accounts and embezzled Rs 1.25 crore – Advocate Vishal Kodale
The court acquitted Nilesh Chatrole of all charges in the case. Advocate Vishal Kodale said Ratnam and Ojha, with the help of agents, opened fake accounts and embezzled Rs 1.25 crore from the Bank of Maharashtra.
“Abhishek Ratnam and Vinay Ojha, through agents, opened fake accounts and embezzled Rs 1.25 crore,” Vishal Kodale provided more details on the case.