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CBK busts multi-crore land compensation scam; conducts raids

KI News by KI News
September 24, 2025
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ZEO, Accountant booked for embezzlement of teacher’s salary
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Srinagar, Sep 24: The Economic Offences Wing (Crime Branch Kashmir) today carried out multiple searches in Districts Bandipora and Budgam in connection with a case of fraudulent land compensation claims related to the 400 KV DC Samba-Amargrah Transmission Line, a statement issued here said.

It said the case was registered following a complaint alleging that compensation for land falling under the transmission line in Villages Watrad, Dalabal, Kachwari Tehsil Khansahib, Budgam, had been fraudulently released in favour of non-existent persons, while genuine landowners were deprived.

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“Investigation has revealed that compensation running into crores of rupees was fraudulently withdrawn in the names of bogus persons through fake bank accounts by employees of M/s Unitac Power Transmission Limited, in connivance with land brokers and certain bank officials,” said the statement.

It further said that the involvement of Mushtaq Ahmad Lone S/o Mohammad Akbar Lone R/o Watrad Dalabal Tehsil Khanshab, Budgam; Bilal Ahmad Mir S/o Gh. Ahmad Mir R/o Patushai Watpora, Bandipora; Ranjit Singh and Samaliya Kumar (employees of M/s Unitac Power Transmission Limited); along with others has surfaced, disclosing offences punishable under Sections 409, 419, 420, 467, 468, 471, and 120-B RPC.

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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.

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