informant had found that an amount of Rs.63,05,770/- had remained unaccounted for by the accused. The accused is liable to account for the same. Further, he had to account for an amount of Rs.14,02,210/- in his personal capacity. The accused had kept the informant in dark and had never given the full-fledged information despite several remainders and had also stopped the periodical submission of the branch records. Having worked with the informant’s firm for several years and having acted shrewdly as a gentleman for all these years, the accused had finally come out with his true colours of a cheater and thereby, he had intentionally committed criminal breach of trust and criminal misappropriation and had dishonestly converted the property and money of the informant’s firm to his own use and had thereby committed the offences punishable under the provisions of the Penal Code.’ To the said first information lodged with the police, the informant had enclosed the statement of account with the details of the summary of purchases, the stocks remitted to Rajahmundry branch, the transfers etcetera. Basing on the report, a case in Crime No.321 of 2005 was registered by the Station House Officer, Chikkadpally Police Station. The said report had set the criminal law in motion. After investigation by the police concerned and filing of the charge sheet, the learned Magistrate had taken the case on file as C.C.No.76 of 2011. The State through PSCCS, Central Zone, Hyderabad, is prosecuting the said case against the accused.”
