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J&K ACB produces charge sheet against former Manager Jammu Rural Bank,beneficiary for frauds in loan case

K H News Service by K H News Service
June 23, 2021
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Jammu/June,23 : The Jammu & Kashmir Anti Corruption Bureau (J&K ACB ) has produced a charge sheet before special Anti-Corruption Court Rajouri against a former Manager of Jammu Rural Banj, Buffliaz Branch and beneficiary Wajahat Ali Khan for manipulating and processing fake documents for sanctioning loan.

In a statement issued on Wednesday the Jammu & Kashmir Anti-Corruption Bureau (J&K ACB) Rajouri, has said that it has produced challan against accused in-service public servant namely Satya Paul Sharma Manager Jammu Rural Bank, Buffliaz Branch, presently posted as Assistant Manager J&K Grameen Bank B.O. Triath and  Wajahat Ali Khan S/O Mohd. Abdullah r/o Dundak Tehsil Surankote Poonch, before the Court of Special Judge Anti-Corruption Rajouri in case FIR No.03/2009 registered in P/S VOJ (now ACBJ) under section 120-B RPC r/w 5(1) (c) (d) 5 (2) J&K PC Act. Svt. 2006 and sections 409, 467, 468, 471 RPC.

Stating that the instant case was registered on 03.02.2009 in P/S VOJ (now ACB-J) on the outcome of a Joint Surprise Check conducted in a complaint of alleged fraudulent withdrawal and subsequent misappropriation of lacs of rupees by official of Jammu Rural Bank, B.O Buffliaz during the year 2007-08, Jammu & Kashmir Anti-Corruption Bureau in the above referred statement further said ” it was revealed during the course of investigation that under a conspiracy Satya Paul Sharma Manager Jammu Rural Bank, Buffliaz Branch by abuse of his official position and in league with the beneficiaries resorted to manipulated of records and dishonestly fraudulently sanctioned different amount loans to beneficiaries thereby conferring undue benefit upon himself and beneficiaries”.

Furthermore the above referred statement J&K ACB reads ” Further investigation was conducted during which evidence,i.e., FSL opinion was collected and statements  were recorded and it was found that accused Satya Paul Sharma in league with  Wajahat Ali Khan (beneficiary) prepared and entertained fake documents to facilitate sanction of Rs. 75,000/- each as loan in favour  of accused beneficiary Wajahat Ali Khan and his wife Rukhasana Begum”, adding that “in processing and sanction these loan cases guarantor  Altaf Hussain Shah (labourer) was fraudulently shown as Govt. Employee (teacher) and furthermore it was also found that accused Satya Paul Sharma fraudulently and dishonestly sanctioned loan of Rs. 2,00,000/- in favour of Altaf Hussain Shah (beneficiary)”.

Stating that the said loan scheme was found applicable to Govt./Semi-Govt. employees only, the J&K ACB statement further reads “the beneficiary was found a labourer but shown as Govt. teacher in loan papers to facilitate sanction of loan in his (beneficiary) favour”, adding that ” In this case also accused public servant in league with others knowingly processed the fake documents to facilitate sanction of loan in his favour”, stating therein further that “It was found that so called beneficiaries Mohd. Ismail and  Mohd. Nayeem Khan residents of Dundak had not approached concerned Bank for sanction of loan of Rs. 2 lacs and 1.5 lacs respectively”.  The J&K ACB in it’s statement also said that fake documents were prepared and loan of Rs. 2 lacs and 1.5 lac were found respectively sanctioned drawn and subsequently misappropriated.

“It was also found the accused public servant fraudulently and dishonestly by resorting to manipulating of records also facilitate sanction loan of Rs. 9. 10 lakh for purchase of tipper in favour of above named beneficiary  Wajahat Ali Khan”, reads the above quoted J&K ACB statement, adding that “this amount of Rs.9.10 lakh was found not even spent on the purchase of tipper for which purpose it was sanctioned and instead accused public servant in league with others dishonestly facilitated withdrawal of the loan amount in case from the bank in favour of the beneficiary”.

Stating that In this manner the accused public servant  Satya Paul Sharma, Manager Jammu Rural Bank Buffliaz in league with beneficiaries mentioned above by abuse of his official position in furtherance of conspiracy drew Rs. 16.10 lakh to confer undue benefit upon him and others, the ACB in the concluding para of it’s above referred statement further said “after completing the investigation of case, sanction for launching of prosecution of the accused in-service public servant was also obtained from the competent authority”, adding that ” Anti-Corruption Bureau J&K produced charge sheet  on 23rd June against the above mentioned accused persons before the Court of Spl. Judge Anti-Corruption Court Rajouri “, stating therein further that the next date of hearing has been fixed for 10th August this year.

 

K H News Service

K H News Service

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The publication of “Kashmir Horizon” as an English daily was started with a modest attempt on May 19, 2008.It has been a Himalayan attempt for “The Kashmir Horizon” to survive the challenges posed to journalism in the violence fraught place like Jammu & Kashmir.

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