The mala fide collaboration between the insurance officials & surveyors is age old practice. The various scams keep coming-up from time to time from all parts of India.
Now another news of the same nature has appeared in the south Indian media & as per the details published in the “Deccan chronicle” the additional principal special judge for the CBI cases has convicted 13 people including a senior officer & other staff member of a branch of oriental Insurance co. ltd for serious irregularities in settlement of claims & sent them to jail.
The court sentenced senior manager Suresh Damodar, ( A former Sr. D.M. OIC, Secunderabad ), viney Kumar chenglpattu & Shiva kumar yerramalla to three years in jail & also fined Rs. 75000.00.
Also the four no’s of surveyors Venkat Krishna Srinivasa Raju, Sridhar Reddy Aredla, Gopagoni kailasam & Srinivas chitrapragada have been sentenced to 2 years jail. The case against the surveyor Gopagoni kailasam has abated due his demise during the process of trial.
A firm MMS Steel and Power Private Limited was also named as accused & found guilty in the case.
On April 28, 2007, CBI had registered a case against Damodar and others & filed chargesheet on March 31, 2009.