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J-K: ACB conducts searches at multiple locations in bank embezzlement case

ANI March 25, 2025 183 views

The Anti-Corruption Bureau's Economic Offences Wing conducted searches at multiple locations across Srinagar, Budgam, and Bandipora in Jammu and Kashmir. These actions are part of an investigation into a significant bank embezzlement case involving various officials and a borrower. Authorities seized electronic gadgets and important documents during the operation, underscoring the seriousness of the charges. The ongoing probe aims to uncover further details and hold those involved accountable.

"The operation underscored the seriousness of the alleged financial transgressions." - ACB Official
Srinagar, March 25: The Economic Offences Wing (EOW) of the Anti-Corruption Bureau (ACB) Jammu and Kashmir conducted searches at four locations in Srinagar, Budgam, and Bandipora districts in connection with a bank embezzlement case, according to an official statement.

Key Points

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ACB searches at four J-K locations in bank case

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Involves revenue officials, borrower, and bank staff

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Electronic devices and documents seized

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Investigation continues by Economic Offences Wing

The case, registered as FIR No. 05/2025 at Police Station ACB Srinagar, pertains to an alleged embezzlement involving revenue and bank officials along with a borrower. The investigation is being carried out by the Economic Offences Wing of the ACB.

As part of the probe, searches were conducted at the residences and bank premises of the accused individuals after securing a search warrant from the competent court.

During the operation, the authorities seized various electronic gadgets and incriminating documents relevant to the case.

Further investigation in the case is in progress.

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