Jammu Court Convicts Claimant & Investigator in Fake Insurance Claims Case
Srinagar, May 27, KNT: The Special Judge for CBI cases in Jammu has convicted two individuals, including an investigator on the panel of Oriental Insurance Company (OIC) and a claimant, in a case involving bogus insurance claims.
As per a statement, the case was registered by the CBI in 2007. The accused allegedly conspired to submit fraudulent insurance claims for dwelling houses in Srinagar, reported to have been gutted by fire during 1997-98.
The statement further said that the accused obtained an undue claim amounting to Rs 9,52,913 from Oriental Insurance Company Limited, despite no fire incidents being recorded during that period by the J&K Fire and Emergency Services Command, Srinagar.
After completing the investigation, the CBI filed a chargesheet in 2009. The chargesheet, related to the false claim for the residential building of Satish Chander Wasoori, named the accused as Subhash Saraf (Surveyor), Raj Nath Tickoo (Investigator), Satish Chander Wasoori (Claimant), and Badri Nath Koul (Development Officer, Oriental Insurance Company).
Charges were framed against all the accused in 2010. However, Subhash Saraf and Badri Nath Koul passed away during the trial, leading to the abatement of charges against them.
Following the trial, the court found RN Tickoo, the investigator, and Satish Chander Wasoori, the claimant, guilty. The CBI presented 32 witnesses and 97 documents to support the charges, which were upheld in court. The quantum of punishment will be pronounced on Tuesday (tomorrow). [KNT]
