Crime

Former banker gets 3-year jail for for ₹19 lakh fraud at Kupwara branch; multiple offences surfaced

Central jail Srinagar. [FPK Photo/ Amir Bin Rafi]

Kupwara: The Special Judge Anti-corruption (CBI cases) has sentenced a former cashier-cum-clerk of J&K Grameen bank to three years simple imprisonment for committing a financial fraud of Rs 19 lakh.

The convict (now retired) Javed Habib, who was working at the Kupwara branch of the bank committed the fraud between June 28, 2007 and December 31, 2010 to the tune of Rs 19.12,500/- lakh by making fictitious credit/debit entries in relevant ledgers and bank documents of various account holders of the said bank.

The judgment read, “in case of failing to pay fine imposed herein above in different sections, accused shall undergo simple imprisonment of one month each in default in every section mentioned above in the same sequence but that imprisonment in case of failing to pay fine shall run separately after actual imprisonment of three years is over.”

“The accused shall be lodged at Central Jail Srinagar for undergoing this sentence/imprisonment. The period of custody/detention whether police or judicial already undergone by accused in this case be set off against this sentence,” it said.

Click to comment
To Top