Jammu: The Economic Offences Wing (EOW) of the Crime Branch on Tuesday filed a chargesheet against a man accused of forgery and cheating in connection with procuring a vehicular term loan from a bank in Samba district of Jammu and Kashmir, an official said.
The chargesheet against Rahul Sudan, a resident of Dhyansar village of Bari Brahmana, was filed in the Munsiff Court Samba, said a spokesperson of the Crime Branch, Jammu.
He said the investigation originated from a written complaint lodged in 2022 by Nikhil Singh Jamwal, the then branch manager of Canara Bank, Bari Brahmana.
The case pertains to a term loan of Rs 7.92 lakh sanctioned to the accused on June 14, 2016, for the purchase of a car, against which an outstanding amount of Rs 5.64 lakh remains unpaid.
According to the probe, Sudan allegedly fraudulently managed and submitted a fake and forged a No Due Certificate (NDC) to the ARTO Office, Samba, the spokesperson said.
The fake document enabled the unauthorised transfer of a vehicle to a third party without clearing the bank’s active financial liabilities or securing a legitimate bank NOC.
During the investigation, it also came to light that he is a habitual offender with prior similar fraud cases registered against him, the spokesperson said.
