ACB Issues Hue And Cry Notice Against Ex-Chairman J&K Cooperative Bank


SRINAGAR: The Jammu & Kashmir anti-corruption bureau (ACB) on Tuesday issued a hue and cry notice announcing a suitable reward for anyone providing information about the whereabouts of a former chairman of a cooperative bank booked for a multi-crore fund scam in Kashmir.

The ACB issued a hue and cry notice which carried the picture and particulars of Mohammad Shafi Dar, former chairman of J&K State Cooperative Bank.

The notice also announced a suitable reward for anyone with information about Dar’s whereabouts who has been declared as a proclaimed offender.

Dar has been booked by the ACB in Rs 223 crore fund scam in which the amount was advanced to a bogus construction company for building a satellite township on the outskirts of Srinagar city.

“If any person is having any knowledge/ information about the whereabouts of the accused, he /she may inform/ communicate Superintendent of Police,  Anti Corruption Bureau  Mobile Nos. 9968081119, Investigating Officer: Mobile No. 9796009686 or landline no : 0191-2546535, Toll Free: 1800- 180- 7152, WhatsApp Helpline: 9419678060, or email:,” it added.

The loan amount was advanced to the bogus cooperative construction company without even obtaining the balance sheet, income tax return and the PAN card of the company’s owner.

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