The Enforcement Directorate (ED) has attached nine luxurious foreign immovable properties located in Dubai (UAE) in the Rs 1266.63 crore State Bank of India (SBI) fraud case allegedly done by Advantage Overseas Private Limited (AOPL), the agency said on Tuesday.
The CBI Court, Hyderabad, Telangana, has convicted and sentenced V Chalapathi Rao, a Computer Operator at SBI, Chandulal Baradari Branch, Hyderabad, Telangana, to two years' Rigorous Imprisonment (RI) with a fine of Rs 36,000 in a bank fraud case.