Court framed charges against Bank official in misappropriation of 1.33 crores
JKUT (Jammu), October-20-2021-( JNF):- Special Judge CBI Srinagar Jatinder Singh Jamwal framed corruption charges against Shariq Hussain Khan a bank official in J&K Grameen Bank Kupwara in misappropriation of 1.33 crores rupees.
According to the CBI case that a complainant of Farhan Gul, Senior Manager (Audit Inspection and Vigilance), in Jammu and Kashmir Grameen Bank.”It is alleged in the complaint, dated January 15, 2020, that Shariq Hussain Khan during his previous posting at branch office Khumariyal had misappropriated banks funds to the tune of Rs 1.33 crore by way of tempering and manipulation with the bank”s computer system and other documents,” the FIR said.
As per the case, the act prima facie established criminal misappropriation by Khan who abused his official position and that the fraud, which has started from January 2016, has surfaced during an internal investigation conducted by the bank in December 2019-January 2020.
Special Judge CBI Srinagar Jatinder Singh Jamwal after hearing PP Kapil verma for the CBI, observed that this Court is satisfied that prima-facie the accused appears to have committed the offences made punishable under Sections 409,420 and 471 of RPC, offence made punishable under Section 65 of the Information Technology Act, 2000 and the offence made punishable under Section 5(2) of the J&K Prevention of Corruption Act, Svt. 2006 read with Sections 5(1)(c) & (d) of the Act and further orfered that in the circumstances, the accused is formally charge-sheeted for commission of offences made punishable under Sections 409,420 and 471 of RPC, offence made punishable under Section 65 of the Information Technology Act, 2000 and the offence made punishable under Section 5(2) of the J&K Prevention of Corruption Act, Svt. 2006 read with Sections 5(1)(c) & (d) of the Act .JNF