A cashier at Employees State Insurance Corporation (ESIC) was on Friday sentenced to four years imprisonment by the CBI Court in Coimbatore for laundering money of worth Rs 11 lakh.
Krishnamohan, 40, from Bangalore has been working as a cashier at the ESIC located in Hosur in Krishnagiri district. He is reported to have been indulging in money laundering from 2012 to 2015 associated with the insurance money available to the company’s beneficiaries.
Meanwhile the company audited the accounts and it was revealed that he had manipulated a total of Rs 11 lakh in this regard. In 2016, the CBI filed a complaint against the company officials and a case was registered. The case was being tried at the CBI court in Coimbatore.
The verdict in the case was announced yesterday according to which Krishnamohan was sentenced to 4 years imprisonment and fined Rs 90,000 by Justice Nagarajan.