x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Courage, sacrifice of Army backbone of our nation’s security: LG Sinha | Courage, sacrifice of Army backbone of our nation’s security: LG Sinha | Delhi court convicts Asiya Andrabi, two others in UAPA case | Grand Commencement of Shrimad Bhagwat Saptah Gyan Yagya held | Best Dancer of J&K 2026 organises with Grand Enthusiasm at Jammu | Chief Secretary Ashish Kundra visits Dha–Biama Village | CUJ celebrates festival of Makar Sankranti with great fervour | Golden Years, Golden Care | Beyond Fading Memory | Breather for gig workers | Curtain Raiser programme to be held soon | Jasrotia holds public darbar at Kathua | Lohri festival celebrated with great enthusiasm | Prepare action plan to develop local markets for fish farmers to sell their produce | Public grievances redressal camp held | SBSP demands National Law Universities in both J&K | Suresh Sharma reviews PMGSY works, directs early repair of roads | Indian Hawks’ skater Radhika Sharma Wins Bronze at DAV National Roller Skating Championship | GDC Bishnah celebrates Lohri, Makar Sankranti | J&K Bharat Scouts, Guides contingent excels at National level | DIET Jammu calendar unveiled | Back Issues  
 
news details
CB arrests 5, including J&K Bank officer in loan scam case
2/18/2025 10:05:01 PM

Early Times Report

Jammu, Feb 18: Crime Branch (CB) has arrested five accused including a J&K Bank Officer and a fake District Horticulture Officer in multi-crore J&K bank loan scam, a CB spokesman said in a statement. He identified the arrested accused as the then J&K Bank Manager (Scale-II) branch Rajouri Jatinder Singh (now demoted) S/o Dharampal Sharma R/o Narwal Bala Jammu, fake District Horticulture Officer Mohd Kabir S/o Mohd Yousuf R/o Fatehpur Poonch, fake Social Mobilizer IWMP Poonch Mohd Zafeer Khan S/o Zahoor Ahmad Khan R/o Narol Mendhar Poonch, fake Horticulture Technician-II in Water Shed RDD Poonch Zafar Iqbal S/o Mohd Younis R/o Ari Mendhar Poonch and fake Horticulture Technician-I in IWMP RDD Poonch Mohd Shakeel S/o Said Mohd R/o Nowshera Rajouri.
“This case was registered on the written complaint lodged by Chief Manager S&C Division, Zonal office J&K Bank Jammu Mohd Shakeel wherein he alleged that Saleem Yousuf Bhatti who was contractual employee with IWMP Poonch and others had got activated the inactive accounts of Water Shed Committee at Branch Lassana, Surankote Poonch. The accused got the nomencla
This case was registered on the written complaint lodged by Chief Manager S&C Division, Zonal office J&K Bank Jammu.
The accused got the nomenclature of the accounts changed, issued fake salary certificates & confirmation letters to different non-existing employees.
The accused issued fake authority letters instructing the branches to disburse/credit the salary in individual accounts.
Fraudsters managed to obtain loans amounting to Rs 5.00 Crore approximately from the different branches of J&K Bank thereby causing huge wrongful loss to the bank.
ure of the accounts changed, issued fake salary certificates & confirmation letters to different non-existing employees and managed together personal loans, cash credit loans and car loans etc. by posing themselves as government employees,” the spokesman said, adding, “Accused also managed to open fraudulent government accounts at Branch office Mendhar and Branch office Bus stand Mendhar. They firstly deposited money through different banks/branches in the A/Cs of Water Shed Committee and the fake accounts opened by them, issued fake authority letters instructing the branches to disburse/credit the salary in individual accounts of the accused. Thus the accused managed to fraudulently obtain loans amounting to Rs 5.00 Crore approximately from the different branches of J&K Bank thereby causing huge wrongful loss to the bank.”
Senior Superintendent of Police Crime Jammu Benam Tosh confirmed that while conducting investigation of case FIR No. 86/2023, U/S 419,420,465,467,468 471,120-B IPC r/w 7, 13 PC Act in professional manner, CB succeeded in arresting five more accused wanted in the case and investigation is in progress.
  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