The Central Bureau of Investigation on Tuesday conducted searches at 8 locations including Jammu, Srinagar & Mumbai at the premises of the members of Estate Committee of the Board of Directors including Chairman of J&K Bank, Directors, Executive Directors.
In this regard incriminating documents, articles and electronic evidences, several bank account details and bank locker keys have been recovered during searches.
Earlier, CBI had registered a case in November 2021 on the allegations of irregularities in purchase of Akruti Gold building for 180 crore rupees (approx) by J&K Bank for its integrated office at Mumbai in 2010.
The case was referred by J&K Government. CBI had also conducted searches earlier at various locations including Mumbai, Hyderabad and Kolkata.
Related News