CB books bank officials, others in fraudulent loan withdrawal case


Crime Branch Kashmir today presented a chargesheet in a case of fraudulent withdrawal of loan against the officials of Anantnag Central Cooperative Bank and some persons.

Crime Branch Kashmir in a statement said that it presented a charge sheet in case FIR No. 04/2012 u/s 420,467,468,120-B RPC 6/W 5(2) PC ACT of P/S CBK  before the court of Additional Special Judge Anti Corruption Anantnag against five accused persons .

It added that the case was registered in Crime Branch Kashmir   on the basis of complaint received from Deputy Secretary to Govt. Home Department along with complaint of Abdul Rehman in which it was alleged that the accused officers/officials of Central Co-Operative Bank Branch Shangus Anantnag in league with non officials accused have by abusing their official position resorted to manipulation of loan documents.

“They dishonestly and fraudulently managed sanction/drawl of loans to the tune of Rs nine lac sixty thousand (9,60,000) for purchase of vehicle in the name of different persons without their knowledge with a view to confer undue  benefits upon themselves,” statement reads.

During the course of investigation, the allegations levelled were proved and accordingly the investigation of the case was concluded as challan against accused persons, statement said.


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