Jammu, June 28 -- The Economic Offences Wing (EOW), Crime Branch Jammu, has registered a case under Sections 420 and 120-B IPC following receipt of complaints forwarded through Crime Headquarters J&K by the Director, Anti-Corruption Bureau, J&K, alleging large-scale financial irregularities in J&K Grameen Bank.
The complaints, lodged by the Chief of Audits, Inspection and Vigilance, J&K Grameen Bank, relate to alleged fraudulent activities at the Bank's Kaluchak and Surankote branches.
During an internal enquiry, it was found that at Branch Office Kaluchak, 58 loan accounts under 15 Joint Liability Groups (JLGs) and two Cash Credit Limit accounts were allegedly opened and operated fraudulently without the knowledge or consent of the conce...