A special CBI court here has acquitted two persons in a corruption case, citing lack of evidence and the prosecution's failure to prove the charges. Special judge P S Tarare recently acquitted a former convener of the Oil Sector Officers Association (OSOA), Ashok Singh, and Hindustan Petroleum Corporation Limited (HPCL) executive Shishir Kumar Dubey. The charge sheet had also said that the two allegedly misused the fleet cards facility by not collecting amount in cash from select customers. The CBI contended that Dubey in connivance with Singh manipulated Management Information System (MIS) to misappropriate funds and extend unauthorised discounts. He claimed that the company ignored the statutory report and made its own report, using a wrong formula.

Source: Economic Times November 11, 2017 04:52 UTC