Crime Branch files chargesheet in ₹7.92 lakh bank loan fraud case in Samba
JAMMU — The Economic Offences Wing (EOW) of Crime Branch Jammu has filed a chargesheet against a man in connection with an alleged ₹7.92 lakh bank loan fraud involving a Honda City car in Samba district, officials said on Tuesday.
The chargesheet has been filed before the court of Munsiff Samba against Rahul Sudan, a resident of Dhyansar, Bari Brahmana, in connection with FIR No. 27/2022 registered under Sections 420, 465, 467, 468 and 471 of the RPC at Police Station Crime Branch (EOW) Jammu.
The case originated from a written complaint lodged by Nikhil Singh Jamwal, branch manager of Canara Bank, Bari Brahmana. The investigation revealed that a term loan of ₹7.92 lakh was sanctioned to the accused on June 14, 2016, for the purchase of a Honda City car bearing registration number JK21C-5636. An outstanding amount of ₹5.64 lakh was subsequently recorded during the investigation, they said.
According to officials, the accused allegedly prepared and submitted a fake and forged No Objection Certificate (NOC) to the Assistant Regional Transport Officer (ARTO), Samba, facilitating the unauthorised transfer of the hypothecated vehicle to a third party without clearing the outstanding bank loan or obtaining a genuine bank NOC.
The investigation, conducted by Inspector Meenu Sharma, also revealed that similar fraud cases had previously been registered against the accused, officials said.
The Crime Branch established offences under the relevant sections of the RPC and submitted the final chargesheet before the court for judicial determination and trial. — (KIMS)
ANN News is the first and only 24*7 Tv News Channel of Kashmir, having its headquarters at Srinagar. ANN News is available on all leading cable Networks, Also Available On JIO Tv , Vodafone,TataPlay , Candor Network, Dailyhunt and other leading Platforms
