SFC duped of Rs 15.55 lakh: Crime Branch presents charge-sheet against 7 accused

SRINAGAR, MAY 25: The Crime Branch Kashmir has presented charge-sheet against seven accused persons before the Court of Judge Small Causes,  Srinagar in case FIR No: 82 of 2005 U/S 467, 468, 471, 419, 420,  120-B RPC. The accused include Abdul Ahad Pandith, Abdul Hameed Gazi, Bushan Lal Matoo, Muhammad Shafi Bhat, Shabir Ahmad Bhat, Abdul Majeed Gazi and Bansi Lal Razdhan.

According to a statement issued by Bashir Ahmad Shah, Staff Officer to IGP Crime Branch J&K, the FIR was registered on a written complaint received from Ghulam Qadir Malla S/o Abdul Majeed Malla R/o Guzarbal Chattabal alleging that he has received a notice from State Financial Corporation (SFC) Srinagar wherein he has been shown to be indebted to the said corporation for an amount of Rs 15,55,000 as total outstanding for vehicle loan while as he has never applied for any such loan with SFC. He further alleged that some persons in league with officials of State Financial Corporation, Srinagar managed to avail the loan facility to the tune of Rs 2.07 lacs for purchase of a truck bearing Registration No: JKE-6974 in the name of complainant without his consent and knowledge.

“The investigation conducted by Crime Branch Kashmir has substantiated on the strength of cogent evidence that the accused persons in furtherance of criminal conspiracy have resorted to manipulation/fabrication of documents purported to have been submitted by the applicant before SFC, Srinagar,” the statement said adding that on the basis of these fabricated documents accused officials of State Financial Corporation have knowingly and dishonestly released an amount of Rs 2.07 lakhs as loan facility for purchase of truck No: JKE-6974 .

It said the documents submitted and processed by the accused persons were subjected to examination by forensic experts and the opinion received has not only declared the documents as fake and forged but linked accused Abdul Ahad Pandith, Abdul Hameed Gazi, Bushan Lal Matoo and Abdul Majeed Gazi   as authors of the forged documents. “In this manner the investigation has found that the accused persons under a well designed conspiracy have dishonestly succeeded to sanction a loan facility to the tune of Rs 2.07 lakhs in favour of the complainant without his knowledge by resorting to falsification of documents and have thereby conferred under pecuniary advantage upon themselves against a corresponding loss to the corporation and liability of Rs 1555000 on the complainant,” it said. The statement said that the accused persons namely Abdul Ahad Pandith, Abdul Hameed Gazi and Abdul Majeed Gazi have been remanded to Central Jail Srinagar on the orders of court of jurisdiction.