x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Speaker Assembly inaugurates 46th Annual Literary Conference at Jammu | Omar led Govt for strengthening democracy, J&K, Nation: RL Gupta | J&K Waqf Board inducts four modern high-tech ambulances into its Public Services Infra | DHSJ visits SDH Basohli to review healthcare services | Sodhi Inspires DPS Nagbani with visionary address on excellence, values | Ladakh has potential to become India's First AI State: LG Kavinder | CS emphasizes on outreach, training for effective Labour Code implementation | DIG Udhampur-Reasi range felicitates top investigating officers | Hardcore offender absconding for years apprehended by police | MD, DFCCIL reviews Gati Shakti Cargo Terminals on Western DFC to Fast-Track Commissioning | State Government presents largest budget ever in the Assembly | Two day National Seminar on "Punjab 2047: Forging the Future through Entrepreneurship and Innovation" organized | Hardcore criminal nabbed with pistol alongwith 5 live cartridges | Following Pandit Deendayal Upadhyaya's Antyodaya philosophy, Haryana Government is extending development benefits to the poorest of the poor: CM Nayab Singh Saini | Progressive Punjab Investment Summit to Create Massive Job Opportunities for Youth Through Major Investment Push: CM Bhagwant Singh Mann | Div Com honors Lambardar Naresh Digra for heroic role in "Operation Sindoor 2025" | Death Anniversary of Late Abdul Majeed Bhat observed | Bhalla slams BJP for 'Criminal Silence' on Jammu's Mounting Civic Woes | Entrepreneurship Awareness Program held at Govt ITI, Ramban | Balwant Thakur honours Young Stars of Natrang | J&K Auto Market begins 2026 on strong note with nearly 10% growth | Jodhamal students win at IIT competition | International Day of Women, Girls in Science celebrated at GLDMDC Hiranagar | Day 2nd of NSS Winter Camp at GDC RS Pura marked by cleanliness drive, budget quest | Desh Bhagat University organizes Gender Sensitization Competitions on National Girl Child Day | HPS hosts a grand farewell for class 12th students | BJP lawmakers stage walkout, protest CM Omar's remarks in J&K Assembly | Power shut down | HC overturns 17-year-old attempt to murder conviction, grants benefit of doubt | HC raps govt over 'Ex-Parte' bill cut; orders full payment to Srinagar hotel | Orientation programme on ITIP held at Govt MAM College Jammu | MCM marks World Wetlands Day with educational trek and Bird Park visit | GDC organizes enrolment promotion visit at GBHSS | Fertilizer retail licences suspended in Jammu for overcharging farmers | GDC Thannamandi Hosts Assessment & Feedback Session on Mission Yuva Udam Jagriti 4.0 | GDC Ramgarh organises Essay Writing Competition | ‘Agriculture First' Policy will ensure developed India, Aatma-Nirbhar J&K: LG Sinha | ADDA discusses key issues, future strategy and organisational roadmap | Assembly witnesses’ uproar for 2nd day, CM expresses regret over his remarks | CM assures digitisation of only accurate land records | Bill to amend Civil Courts Act introduced in LA | ‘31 colonies regularised in Jammu, process now stayed by High Court’ | DM issues order to regulate Spa, Massage Centres in Jammu | In 5 years, digital dacoits loot Rs 55,649 crore | All 6 stanzas of National Song must before National Anthem: MHA | Infrastructure for 200 e-buses underway in Jammu, Srinagar | Arvind Gupta inaugurates High-Capacity Pumping Unit | Suresh Sharma reviews progress of water supply projects | Department of Horticulture participates in Kisan Mela | Askpc, ssdys to conduct elections | Two-day toung researchers conclave concludes | Daughters of Bharat : Nari Jeevan Hai Teri Yahi Kahani ............. -I | Pollution: A silent threat to our planet | Balgran home for children: A beacon of hope | ‘Digital Dacoity’ | Back Issues  
 
news details
CB arrests main accused after Court rejects bail plea
Rs 1.44 Cr J&K Bank Loan Scam
2/8/2025 12:34:26 AM
Early Times Report

Jammu, Feb 7: Crime Branch (CB) on Friday arrested main accused involved in Rs 1.44 crore J&K Bank loan scam immediately after his bail application was rejected by the Court of 2nd Addl. Sessions Judge Jammu.
A spokesman of the Crime Branch in a statement said that the arrested main accused happens to be a terminated J&K Bank employee of the same branch B C Road Jammu identified as Rohit Taroch S/o Som Raj Taroch R/o Rehari Ambphalla, Jammu.
“A written complaint was received from the then Branch Manager J&K Bank B C Road Jammu in Crime Branch Jammu in which it was alleged that during the period 2018-2019, some 14 borrowers approached Bank Unit B C Road Jammu on different dates for availing Personal Consumption Loans (PCL) facilities under Bank’s Sahulat/Saral Scheme to Government Employees,” he added.
“The suspected persons claimed to be employees of Military Farm House Jammu, Administrative Commandant Station Headquarters Satwari, Jammu and Station HQR Domana Jammu respectively and provided salary certificates and other requisite documents purportedly issued by these departments in their favour. Accordingly on the basis of documents produced by accused suspected (borrowers) and their guarantees offered the BU sanctioned and got disbursed loan facilities in their favour. Subsequent to reflecting these accounts in SLAC report of the BU, the branch officials as a part of recovery process approached the
The arrested main accused happens to be a terminated J&K Bank employee of the same branch B C Road Jammu.
A written complaint was received from the then Branch Manager J&K Bank.
The enquiry further revealed that borrowers were not employees working in these Military Farms/Units.
The documents submitted by them at the time availing loan were fake and forged.
uthorities of the said military Units/Station regarding default in repayment of loan dues by their employees. In response, the authorities of these Military Units /Stations intimated the branch officials that no such persons is/are their employees and the documents submitted by the them for availing PCL loan had not been issued by them,” the statement added.
“The internal enquiry into the matter conducted by the J&K Bank revealed that a group of 14 persons have succeeded in presenting themselves as the employees of the above said Military Units /Stations and submitted pay certificate and other requisite documents purportedly issued by Military establishments in their favour. The Bank unit relied on the documents submitted by these borrowers and the guarantees offered, sanctioned loan facilities in their favour. The enquiry further revealed that all these persons in fact were not employees working in these Military Farms/Units and the documents submitted by them at the time availing loan were fake and forged. In this way the group succeeded in perpetrating a fraud to the aggregate amount of Rs 144.53 lakh. On this complaint, CB had registered a case and started investigation,” the statement said.
Senior Superintendent of Police Crime Jammu Benam Tosh confirmed that main accused involved in case FIR No. 47/2023 has been arrested after his bail application was rejected by the Court and investigation of the case is underway.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU