Jammu Court grants seven days police remand to Hilal Rather in bank fraud case

JAMMU: Special Judge Anticorruption Jammu Yash Pal Bourney on Friday granted seven days police remand of Hilal Rather, son of former finance minister Abdul Rahim Rather who was taken into custody by Anti-Corruption Bureau Jammu in a bank fraud case of Paradise Avenue Township Project.

According to the ACB, Hilal Rather was arrested by it in a case related to the alleged misappropriation of crores of rupees from the term loans running into 177 crores sanctioned by Jammu and Kashmir Bank for his ambitious township project known as Paradise Avenue at Narwal Bala Jammu in the year 2012. (AGENCIES)