JamKash: Crime Branch files final chargesheet in Rs 1.32 crore misappropriation case
Jammu, Dec 2, KNT: The Crime Branch has filed a final chargesheet in a multi-crore misappropriation case in Jammu.
Giving details of the case, Crime Branch said that in 2022, Executive Director Jamkash Vehicleads Pvt. Ltd. filed a complaint against accountant Sheraz Mir, alleging that he had transferred Rs 1.32 crores from company funds into his personal bank accounts and used the money for online betting.
Mir was arrested, and approximately Rs 22 lakhs of the misappropriated amount was recovered.
A preliminary chargesheet was filed by the District Police, but as a significant portion of the funds remained unrecovered, the case was transferred to the Crime Branch (EOW) Jammu on July 13, 2023, for further investigation.
The Crime Branch as per the news agency Kashmir News Trust conducted a thorough probe, analyzing suspected bank accounts and conducting raids in Indore and Delhi. Their efforts led to the recovery of the remaining Rs 1.10 crores. The entire misappropriated amount of Rs 1.32 crores has been recovered and returned to the complainant.
Senior Superintendent of Police Crime Jammu, Benam Tosh, commended the investigating team for their timely and effective work.
The final chargesheet has been filed with the Court of Special Mobile Magistrate Passenger Tax Shops & Estb. Act Jammu for judicial determination. [KNT]
