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Crime Branch Srinagar chargesheets 2 accused in loan fraud case

Srinagar, Aug 01 : Economic Offences Wing, Srinagar produced the chargesheet against two accused persons for getting bank loan on fake and forged documents in Srinagar.

According to a statement, issued to the news agencyโ€”Kashmir News Observer (KNO) the chargesheet was filed in Case FIR No. 60/2016 of P/S Crime Branch Kashmir against two individuals for their alleged involvement in commission of offences punishable under Sections 419, 468, 471, 120-B, 201 of RPC, r/w Sections 5(1) and 5(2) of P.C. Act.

The statement reads that brief facts of the case are that Crime Branch Kashmir had received a communication from the Tehsildar (South) Srinagar along with enclosures which, inter-alia, revealed that these accused individuals, in a criminal conspiracy, have dishonesty and fraudulently prepared fake and forged revenue extracts and have produced the same before J&K Bank, Branch Unit Hari Singh High Street, Srinagar for obtaining a loan.

โ€œThe Bank authorities had referred the revenue extracts toTehsildar (South) Srinagar for authentication which on verification were found to be fake and forged. Accordingly, the instant Case was registered at P/S Crime Branch Kashmir in the year 2016 and investigation started,โ€ it reads.

It reads that during investigation, the allegations levelled were substantiated and proved. โ€œAs such, the chargesheet has been presented against the accused before Anti-Corruption Court, Srinagar for judicial determination,โ€ it readsโ€”(KNO)

Srinagar News

Srinagar News is one of the oldest newspaper in kashmir it was founded by Late Mehraj-ud-Din Wani Sahab in 1975.

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