CBI court Jammu convicts 2 in bogus insurance claims

Jammu, May 27: The Special Judge for CBI Cases, Jammu Monday convicted two accused, including an investigator on the panel of Oriental Insurance Company (OIC), Jammu and a claimant, in a case related to bogus insurance claims.

The quantum of punishment will be pronounced tomorrow i.e., May 28, 2024.

According to a spokesperson of Central Bureau of Investigation (CBI), the case was registered by Bureau on April 13, 2007 against the accused, including the duo convicted by the court on Monday (May 27, 2024) on the allegations that these persons entered conspiracy with one another, submitted bogus insurance claims for the dwelling houses reported to be located at Srinagar and which were reported to be gutted in fire during the year 1997-98.

“It was further alleged that the accused obtained undue claim to the tune of Rs 9,52,913, approximately from the insurance company i.e., Oriental Insurance Company Limited though no fire incident took place during the relevant period as per the records of J&K Fire and Emergency Services Command, Srinagar,” the CBI spokesperson said.

After completion of investigation, a charge-sheet was filed on February 18, 2009.

The charge-sheet in relation to false claim in respect of residential building of Satish Chander Wasoori was filed against accused Subhash Saraf, surveyor; Raj Nath Tickoo, investigator; Satish Chander Wasoori, claimant (private person) and Badri Nath Koul, Development Officer, Oriental Insurance Company.

Charges were framed on November 16, 2010 against all the accused. The accused Subhash Saraf, surveyor and Badri Nath Koul, Development officer expired during the trial, hence charges against them were abetted, the spokesperson said.

After trial, the court held accused R N Tickoo and Satish Chander Wasoori guilty.

“CBI examined 32 witnesses and 97 documents in support of the charges which stood the test of trial in the court,” the spokesperson said.