accused. The said accused persons and other co-accused chose
farmers who are either landless or less land and obtained documents
from them on a pretext that in view of the Government Scheme, they
would receive compensation and, therefore, they have to open bank
accounts. Accordingly, bank accounts are opened in their names and
159 loan cases were prepared with the corporation bank, 22 with the
IDBI Bank, and 3 with the Vaishya Bank. Statements of victims and
other farmers reflect role of each of accused persons. Loans are
obtained with coalition of CCLL. A huge amount of scam was
hatched wherein amount involved is Rs.145,25,00,168/-. Insofar as
accused V.S.Wakalpudi is concerned, he is not only involved in
inducement but also received pecuniary benefits. Loan papers were
prepared in one day and loans were sanctioned on the same day.
Accused V.S.Wakalpudi received a pecuniary gain in the said scam
and along with the other co-accused and preferred one time
settlement proposal before the DRT. During course of investigation,
it revealed that accused V.S.Wakalpudi used to apply for loan by
mortgaging crops and other co-accused, who was grain merchant,
used to purchase grains from open market and he used the said
grains for obtaining loans in names of persons who are having no
land or less lands. The said grains were kept as mortgage. Accused
