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J&K bank corruption: CBI questions former J&K FM Drabu in Mumbai building case

Agencies by Agencies
May 21, 2022
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New Delhi: The CBI on Friday questioned former Jammu and Kashmir Finance Minister Haseeb Drabu for alleged corruption in the purchase of a building for Jammu and Kashmir Bank’s integrated office in Mumbai’s Bandra Kurla complex when he was the Chairman of the bank, officials said.
Drabu was booked by the CBI following a reference from the Jammu and Kashmir government, they said.
He was questioned in Srinagar, they said.
The CBI has alleged that the bank had entered into a deal for its branch office at the Bandra Kurla Complex with Akruti Gold at a much higher rate than offered by other shortlisted builders causing a loss of over Rs 100 crore to the bank.
The case was earlier probed by the anti-corruption branch of Jammu and Kashmir Police, which had registered an FIR following a preliminary inquiry.

Agencies

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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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