Cracking its whip Anti-Corruption Bureau (ACB) on Saturday registered a case against deputy Mayor Srinagar Municipal Corporation, senior officers of J&K Bank and few Government officials for illegal appropriation of subsidy with inflated project cost for establishment of CA storage at Lassipora, Pulwama.
According to the statement issued by the spokesman of Anti Corruption Bureau, “a case FIR No. 3/2019 under section 5(1) (d) PC Act Samvat 2006, punishable u/S 5(2) of the Act r/w 420 & 120-B RPC has been registered in Police Station Anti Corruption Bureau, South Kashmir (Anantnag) against Shiekh Imran Director M/S Kehwa Square Pvt. Ltd. BohriKadal Srinagar, officers of J&K Bank and other govt officials, for illegal appropriation of subsidy with inflated project cost for establishment of CA storage at Lassipora, Pulwama”.
Earlier, IT raids were conducted on the premises of Sheikh Imran on June 11 and several files pertaining to investments were seized.