CB files final charge-sheet after recovery of amount: SSP

Jammu, Dec 3: Crime Branch has filed final charge-sheet in Rs 1.32 Cr misappropriation case of Channi Jammu before the court for judicial determination after effecting recovery of whole misappropriated amount and completing the investigation.

Senior Superintendent of Police (SSP) Crime, Jammu, Benam Tosh stated that the final charge-sheet in case FIR No 118/2022 U/S 406, 408 IPC was filed by Crime Branch (EOW) Jammu before Court of Special Mobile Magistrate Passenger Tax Shops and Establishments Act Jammu for judicial determination.

“Whole misappropriated amount to the tune of Rs 1.32 Cr was recovered from the accused which was handed over to the complainant following proper legal procedure,” he said.

SSP said that on July 19, 2022, a case FIR No 118/2022 u/s 420,406, 408,109 IPC was registered at Police Station Channi Himmat Jammu on the written complaint of Executive Director Jamkash Vehicleades Private Limited to the effect that the accused Sheraz Mir, son of Mohd Bashir, resident of Shant Nagar Janipur Jammu, then working as Accountant of Jamkash Vehicleades had committed criminal breach of trust and cheating by transferring huge amount to the tune of Rs 1.32 Cr in his own bank accounts from the funds of Jamkash Vehicleades Private Limited and further invested the same amount for online betting.

Accused Sheraz Mir was arrested, about Rs 22 lakh misappropriated amount was recovered and a preliminary charge sheet against the accused was filed by District Police in the court of law for judicial determination.

“As a huge recovery of the misappropriated amount was yet to be made, PHQ J&K on July 13, 2023, transferred the instant case to Crime Branch (EOW) Jammu for in-depth investigation and accordingly the Crime Branch started thorough probe,” SSP Crime, Jammu said.

The investigation of the case was speeded up and Crime Branch (CB) thoroughly analysed the suspected bank accounts of the accused. Soon after further clues struck, CB team conducted raids at several premises in Indore and Delhi and succeeded in recovering the entire remaining misappropriated amount to the tune of Rs 1.10 Cr which was a major achievement on the part of CB.

“Thus, the whole amount misappropriated by the accused i.e., Rs 1.32 Cr has been recovered and received by the complainant,” SSP said. He congratulated the investigating team for commendable work done by making recovery of the whole misappropriated amount and completing the investigation in a time-bound manner.