SRINAGAR: The Special Crime Wing of Crime Branch Kashmir has filed a chargesheet against Abhisek Prajapat, the then branch manager of Jammu Kashmir Grameen Bank’s Lalpora branch in Kupwara district, over allegations of cheating, criminal breach of trust and misappropriation of bank and customer funds.
The chargesheet was filed before the Court of Judicial Magistrate 1st Class, Sogam, Lolab, under Sections 409 and 420 of the Indian Penal Code (IPC), read with Section 193 of the Bharatiya Nagarik Suraksha Sanhita (BNSS).
According to the investigation, Prajapat allegedly transferred Rs 1.19 lakh from various customer accounts to his personal bank account under the pretext of loan documentation, file charges and other related expenses.
Investigators also found that Rs 25,850 had allegedly been diverted from official bank expenditure accounts, while another Rs 24,100 was recorded as unwarranted expenditure. The two amounts resulted in a reported loss of Rs 49,950 to the bank.
The case originated from a complaint lodged by the Regional Manager of J&K Grameen Bank’s Kupwara regional office, which was forwarded by the Anti-Corruption Bureau (ACB), Jammu and Kashmir, to Crime Headquarters for further action.
Following preliminary verification by the Economic Offences Wing of Crime Branch Kashmir, FIR No. 09/2026 was registered at Police Station Special Crime Wing on May 13, 2026, and an investigation was initiated.
Prajapat was dismissed from the services of J&K Grameen Bank on February 13, 2025, following departmental proceedings, according to the case details.
The chargesheet has been submitted for judicial determination. The Crime Branch has urged the public to remain vigilant against financial fraud and report such incidents to the concerned authorities.
