Kashmir

₹3.11 Crore Co-operative Bank Scam: Ghulam Mohd Beigh, Abdul Hamid Gojrii Chargesheeted by EOW Kashmir

Srinagar, Aug 1: The Economic Offences Wing (EOW) Kashmir has filed a chargesheet before the Chief Judicial Magistrate, Handwara, in connection with an alleged ₹3.11 crore embezzlement in the Central Co-operative Bank, Baramulla.

According to the investigation, the then Branch Manager of the Langate Branch, Ghulam Mohd Beigh, allegedly conspired with Abdul Hamid Gojrii, Cashier-cum-Clerk, to sanction fictitious loans and permit overdrafts beyond authorised limits, causing a wrongful loss of approximately ₹3.11 crore to the bank.

The chargesheet has been filed under Sections 420, 468, 471 and 120-B RPC, and the matter will now be decided by the competent court.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button