A special vigilance court here on Thursday convicted Congress MLA Mohammed Moquim and former IAS officer Vinod Kumar, and sentenced them to three years in jail in connection with a Rs 1.5o crore loan scam, an official said.
Apart from the duo, Swosti Ranjan Mohapatra, ex-company secretary, Odisha Rural Housing Development Corporation (ORHDC), and Peeyusdhari Mohanty, director, Metro Builders Pvt Ltd, have also been sentenced to three years in jail by the court, said vigilance SP, M. Radhakrisna.
The court also imposed a fine of Rs 50,000 on each of the convicted persons, defaulting which they will have to undergo further rigorous imprisonment for a period of six months, he said.
According to vigilance sources, Vinod Kumar and Swasti Ranjan had sanctioned a loan of Rs 1.50 croe to Metro Builders for the Metro City-II project at Nayapalli, Bhubaneswar, for the construction of 50 flats in 2000. Moquim was then the Managing Director of…