₹223-crore J&K loan scam: 2 more co-op society former officials named in chargesheet - News Summed Up

₹223-crore J&K loan scam: 2 more co-op society former officials named in chargesheet


chandigarhUpdated: Nov 18, 2020, 00:50 ISTThe Anti-Corruption Bureau (ACB) on Tuesday produced a supplementary chargesheet against two former government officials in a multi-crore loan scam. An official spokesperson said a chargesheet was produced against the then J&K Co-operative Societies registrar Mohammad Mujib-Ur-Rehman-Ghassi and the then deputy registrar Ashiq Hussain in the ₹223 crore J&K State Cooperative Bank (JKSTCB ) loan scam. “Both accused were arrested prior to production of chargesheet and produced in a court. “On the receipt of the said letter, a loan to the tune of ₹ 223 crore was sanctioned in favour of the said non-existent co-operative society by the J&K State Co-operative Bank headed by Dar,” he said. The agenda items of the non-existent society were created on January 23, 2019.


Source: Hindustan Times November 17, 2020 19:22 UTC



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