ED raids 6 locations in Srinagar in money laundering case
Srinagar: The Enforcement Directorate on Thursday raided 6 locations in Srinagar in connection with a money laundering case.
Sources said that the raids were conducting in a case related to bank fraud of more than Rs 250 Crore in the name of fake River Jhelum Cooperative House Building Society.
They said that 6 premises were raided today including the premises of the then chairperson J&K Bank and Trustees of the Society in Srinagar.
“ACB has already filed chargesheet against Mohd Shafi Dar, Hilal A Mir (Chairman of the Society) and others for commission of offences under Sections of IPC and Corruption Act,” they said—(KNO)
Kashmir Images is an English language daily newspaper published from Srinagar (J&K), India. The newspaper is one of the largest circulated English dailies of Kashmir and its hard copies reach every nook and corner of Kashmir Valley besides Jammu and Ladakh region.