news details |
|
|
| SIDCO manager in vigilance net for defrauding corporation | | SVO registers case for fraudulent withdrawal of rent | |
Jammu, Apr 29—
State Vigilance organization has registered a case against Resident Manager, State Industrial Development Corporation (SIDCO) Delhi Branch and his brother-in-law for fraudulent withdrawal of house rent causing wrongful loss of over Rs.2 lakhs to the Corporation.
On receiving an input alleging that Mohammad Elyas Kraipak, resident manager, SIDCO, Delhi branch has fraudulently and by misuse of his official position drawn rent of his own house illegally.
State Vigilance Organisation conducted a verification in which it was revealed that in and around the months of March-April, 2001, Mohammad Elyas Kraipak acquired Flat No. 40/220, 3rd Floor, CR Park, New Delhi on 11.04.2001 and only after eight days executed an agreement to sell this flat to his brother-in-law Mohammad Iqbal Naqash for the sole object of leasing out this property to SIDCO for use as his official accommodation at Delhi. The verification has further revealed that the Resident Manager has drawn excess rent during the year 2005-06 and also in the first six months of 2006-07 through illegal means.
It was furtherance of a criminal conspiracy that the accused in league with his brother-in-law adopted a unique method for realizing excess rent amount in respect of his self-owned accommodation. The pecuniary benefits on account of illegal withdrawal of rent by the accused has been calculated to be over Rs.2 lakh resulting in wrongful loss to the Corporation. After prima-facie establishing the involvement of the two in defrauding the state owned Corporation, Case FIR No.11/2007 u/s 5(2) J&K P.C.Act Svt. 2006 r/w section 120-B RPC, registered in Police Station, Vigilance Organization Jammu and started the investigation.
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
