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The judgment dated 16.12.2015 of the XXI Additional City Civil and Sessions Judge and Principal Special Judge for CBI Cases, Bengaluru, has given rise to these two appeals by accused No.1 and 2. Apart from accused No.1 and 2, one S.G.Ram Naik also faced trial as accused No.3, but he was acquitted. The prosecution case is as follows :

2. Between the period August 2009 and 30.10.2012, accused No.1 worked as Assistant Manager at Syndicate Bank, Yeshwantpur Branch, Bengaluru. Accused No.3, Rama Naik was the Chief Manager of the branch at that time. Accused No. 2 is the brother of accused No.1.