Funds received from abroad misused
Excelsior Correspondent
JAMMU, Mar 14: The Crime Branch Jammu today conducted simultaneous raids at five locations in Jammu and Ramban districts in connection with violation of Foreign Currency Regulation Act (FCRA) by Al-Naqvi Trust headquartered at Bhatindi.
The Trust is headed by Shakeel-ur-Rehman of Sangaldan, Gool in Ramban district, presently putting up at Bhatindi and had received funds from Gohar Ayub of Ramban, now settled abroad.
Raids were supervised by SSP Crime Branch Jammu Rajeshwar Singh.
Reports said Gohar Ayub sent funds to Al-Naqvi Trust from abroad with specific purpose of their use in Education and Health sectors. However, Rehman diverted the funds for personal use.
The raids were conducted at Bhatindi, Batote, Sangaldan, Gool and Ramban at offices and houses of Rehman and Ayub.
Some documents pertaining to the Trust activities and funds received from abroad have been recovered during the raids.
Crime Branch police have registered a case in this connection for further investigations.
Follow our WhatsApp channel