A Special Court of People’s Representatives here has convicted Karnataka Education Minister Madhu Bangarappa in a cheque bounce case.
The Court ordered him to pay a fine amount of Rs 6.96 crore to the complainant. If the fine is not paid, the minister should undergo imprisonment for six months, the Court said in its verdict.
A cheque worth Rs 6.60 crore given to Rajesh Exports was bounced when Madhu Bangarappa was the managing director of Akash Audio Company. A case of cheque bounce was registered IN 2011 by Rajesh Export Company against Madhu Bangarappa.
The Court also ordered that Bangarappa should pay Rs 10 thousand to the Government as a fine.
Reacting to the order, Madhu Bangarappa said in Hubli that the case was a settled matter and the BJP Leaders were intentionally picking the “old order” of 26th December and trying to find something out of it.
(with inputs from ANI)