Excelsior Correspondent
Srinagar, Aug 2: Crime Branch today produced a chargesheet against two bank officials for their ‘alleged’ involvement in embezzlement of large amount of public money in different branches of a bank in Baramulla district.
“Economic Offences Wing, Srinagar produced the charge-report in Case FIR No. 24/2016 of P/S Crime Branch Kashmir against Ghulam Ahmad Shah, son of Ghulam Mohammad Shah of Hajin, Bandipora (then Cashier-cum-Clerk in the Baramulla Central Cooperative Bank Ltd., Palhallan Branch) and Mohammad Sabir Dar, son of Mohammad Subhan Dar, of Noor Din Colony, Baramulla (then Branch Manager of the Baramulla Central Cooperative Bank Ltd., Palhallan Branch) before the Judicial Magistrate 1st Class, Pattan for their alleged involvement in commission of offences punishable under Sections 409, 420, 201 & 120-B of RPC”, a statement issued by CBK said.
The Crime Branch had received a written communication from the Registrar of Cooperative Societies, J&K alleging that some officers/ officials of the Baramulla Central Cooperative Bank Ltd. have dishonestly and fraudulently embezzled large amounts of public money in different branches of the Bank. The CBK registered a case at Police Station Crime Branch Kashmir in 2016 and investigation was started.
“During the investigation, allegations levelled against the accused individuals were substantiated and conclusively proved. Accordingly, the charge-report u/S 173 CrPC against the two accused individuals has been produced before the court of competent jurisdiction for judicial determination”, the statement said.