The High Court (HC) upheld the judgment of the Thimphu dzongkhag court which sentenced a senior Druk PNB executive to three years in prison for fraudulently delivering Indian currency (INR) from Bhutan.
In the judgment handed down on December 15 last year, Kinley Penjor was found guilty of helping an Indian vegetable vendor in Phuentsholing, Pramod Shah, deliver INRs of Druk PNB to various people in India since 2012.
It had also authorized Pramod Shah to import vegetables using its licenses, Kinxin Vegetables and Fruits and Kinxin Electronics.
Kinley Penjor received 547,882 Nu as a reward for assisting in the fraudulent delivery of INR to India.
The HC also upheld the related judgment of the dzongkhag court which sentenced Pramod Kumar Shah to three years’ imprisonment.
Pramod Kumar Shah was also found guilty of using several other Bhutanese licenses to import vegetables from India.
It had imported vegetables worth NU 40.42 million from 2012 to 2014, according to records kept by the regional tax and customs services in Phuentsholing, but the Anti-Corruption Commission (ACC) investigation established that he had delivered 0.104B from NU to India using the names of various people. In doing so, it had remitted an excess amount of more than NU 63.76 million over the actual imported value.
The HC ordered two people, guarantors of Pramod Kumar Shah, to bring him back to the country.
“If they don’t bring Pramod Kumar Shah back, they have to pay the sum instead of his three-year prison term,” said the judgment.
Pramod Kumar Shah was also convicted of sending a large sum of money in the form of INR On Demand Draft (DD) and Telegraphic Transfer (TT) from Bhutan to many people in India via deception, collusion, falsification, corruption and facade.