CRIME BRANCH ARRESTED 5 ACCUSED INCLUDING A J&KBANK OFFICER AND A FAKE DISTRICT HORTICULTUREOFFICER IN MULTI-CRORE JK BANK LOAN SCAM

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.

The arrested accused have been identified 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 nomenclature 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.
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.