commission of 2offences punishable under Sections 120-B, 420, 468 and 471 of Indian Penal Code 1860 (“IPC” for short) & Sections 13(2) read with 13(1)(d) of the Prevention of Corruption Act 1988 (“PC Act” for short). The present appellants are Accused No. 4 and 5. 3.2 It was alleged in the F.I.R. that Ajay Kumar Behera while being posted as the Branch Manager in Allahabad Bank, Temple Marg Branch, Bhubaneswar (“the Bank” for short) during the year 1998-1999 entered into a criminal conspiracy with the other accused persons. At that time, Surjit Sen and Kaushik Nath Ojha were the Directors of M/s Indo Global Projects Ltd., Bhubaneswar (“IGPL” for short) and the appellants herein were Partners in M/s Clarion Travels, Bhubaneswar (“Clarion Travels” for short). 3.3 It was also alleged in the F.I.R. that on 20th November 1998, a loan application was submitted on behalf of Clarion Travels for the purpose of securing funds to purchase new cars. The loan application was signed by the present