Economic Offences Wing Presents Chargesheet Against Former Bank Officials in Embezzlement Case in Kashmir
02-08-2023 : On Wednesday, the Economic Offences Wing (EOW) of Crime Branch Kashmir took a significant step in the ongoing embezzlement case by presenting the chargesheet before the Court of Judicial Magistrate in Pattan. The chargesheet names two former bank officials, Ghulam Ahmad Shah and Mohammad Sabir Dar, who were allegedly involved in the commission of offences punishable under Sections 409, 420, 201, and 120-B of the RPC (Ranbir Penal Code).
According to the statement issued by the EOW, the case, FIR No. 24/2016, was registered at P/S Crime Branch Kashmir against the two individuals. Ghulam Ahmad Shah was a resident of Hajin, Bandipora, and held the position of Cashier-cum-Clerk in the Baramulla Central Cooperative Bank Ltd., Palhallan Branch. Mohammad Sabir Dar, on the other hand, resided in Noor Din Colony, Baramulla, and served as the Branch Manager of the same bank.
The investigation into the case was initiated in 2016 after the Crime Branch Kashmir received a written communication from the Registrar of Cooperative Societies, J&K. The communication alleged dishonest and fraudulent embezzlement of substantial amounts of public money by some officers and officials of the Baramulla Central Cooperative Bank Ltd., including the Palhallan Branch.
During the course of the investigation, the allegations against the accused individuals were thoroughly examined and found to be substantiated. The evidence collected conclusively proved their involvement in the embezzlement case.
