Overview
- The fraud involved forging dispatch receipts to secure a Rs 5.69 lakh loan to a private company.
- The CBI opened the case on May 5, 1978, charging Anand alongside the bank branch manager and associate Ashok Kumar.
- In June 1985, a special CBI court in Dehradun convicted Anand of conspiracy to cheat Bank of India, sentencing him to five years’ rigorous imprisonment and a Rs 15,000 fine.
- Anand absconded immediately after conviction and was officially declared a proclaimed offender in November 2009.
- Investigators traced him with surveillance on a mobile number tied to his son, arresting him in Rohini and sending him to judicial custody in Dehradun.