22yrs after Rs5cr con, co director gets 3yr jail

Twenty-two years after five people were accused of being involved in Rs 4.72 crore customs duty evasion under the Duty Entitlement Pass Book (DEPB) scheme, a special CBI court this week found them guilty. DEFB is an export incentive scheme. Key accused Snehalata Jaiswal, was sentenced to three years imprisonment and fined Rs 3.80 crore. KMP Syntex Pvt Ltd, the firm where Snehalata was a director, was separately fined Rs 3 lakh.

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