ACR, SBI Manager booked for illegal deposit of Govt money

Excelsior Correspondent
SRINAGAR, May 1: Vigilance Organization Kashmir has booked officers of Deputy Commissioner Office Pulwama and State Bank of India, Branch Pulwama, for illegally investing Government money and not reflecting the amount of interest as income in official records.
Case FIR number 10/2017, P/S VOK, under section 5(1) (c) (d) r/w Section 5(2) J&K PC Act Svt 2006 and Sections 409, 467, 468, 471, 120-B, RPC, has been registered against the then Assistant Commissioner Revenue Pulwama and Manager SBI, Branch Pulwama Ram Prakash Sharma and others, for fraudulently and illegally investing the amount of Rs 15 crore received from National Highway Authority of India.   The interest of Rs 39, 83,888/- so earned on the principal amount was not found reflected as income in the official records, as such resulting in loss to the State exchequer to the tune of Rs 39, 83,888/- The said case FIR No.10/2017 P/S VOK owes its origin from Case FIR No. 37/2010 P/S VOK.
Accordingly a Case FIR No. 10/2017 under section  5(1) (c) (d) r/w Section 5(2) J&K P.C. Act Svt. 2006 and Sections 409, 467, 468, 471, 120-B, RPC was registered in Police Station Vigilance Organization Kashmir against the  accused persons and further investigation of the case was taken up.

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