The CBI Court of Ahmedabad on Tuesday convicted a former Assistant Manager (Finance) of Indian Oil Corporation Limited (IOCL), Rajkot division, for his involvement in embezzling funds from 2005 to 2008 and sentenced him to three years’ rigorous imprisonment and imposed a fine of Rs 90,000 on him.

The CBI had registered a case against Saji Sajeev, former Assistant Manager, IOCL, Rajkot, on charges of criminal conspiracy, criminal breach of trust by a public servant, forgery and criminal misconduct, on November 21, 2011.

The case was registered on the basis of primary investigations done by the Chief Vigilance officials of IOCL, New Delhi . In the initial complaint, it was alleged that officials of IOCL, Rajkot, were involved in the financial misappropriation to the tune of Rs. 18.90 la

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