The special CBI court in Bhubaneswar on Saturday awarded a five-year jail term to the then CMD and another director of the Astha chit fund company.
According to the reports, the court handed five-year jail term and fine of Rs 15,000 each to the former Astha group Chairman-cum-managing director (CMD) Santosh Kisan Sabkale and director of the company CS Chouhan.
Besides, the court convicted two companies – Astha International Ltd and Astha Goat Farming India Private Limited – of the Astha group and directed them to pay Rs 75 crore fine.