Bank embezzlement case: ACB conducts searches at 4 locations in Kashmir

Srinagar, Mar 25: Economic Offences Wing of Jammu & Kashmir Anti-Corruption Bureau today carried out searches at four different locations in Srinagar, Budgam and Bandipora districts in connection with a bank embezzlement case.

An official said the searches were carried in a case FIR No. 05/2025 registered at Police Station ACB Srinagar for embezzlement committed and conspired by revenue and bank officials along-with the borrower. The official said the investigation of the said case is being investigated by Economic Offence Wing (EOW) of ACB J&K.

The official said the searches in the residences/ Bank premises  of the accused persons were carried out after obtaining the search warrant from the Hon’ble Court of law.

During searches various electronic gadgets and other incriminating documents were seized, he said.

He added that further investigation of the case is in progress.