Srinagar, Sept. 21 -- Srinagar- The Anti-Corruption Bureau (ACB) J&K has registered a case against a former branch head of J&K Grameen Bank and a Business Correspondent over alleged financial irregularities and premature release of capital subsidy under the Prime Minister's Employment Generation Programme (PMEGP).

According to the ACB, the case pertains to alleged irregularities at the bank's Reban branch in Sopore during 2021-2023.

The accused have been identified as Arvind Saini, the then Branch Head of J&K Grameen Bank, Reban branch, and Firdous Ahmad Sheikh, a Business Correspondent, besides others.

The ACB said its verification found that the accused allegedly misused their official positions and prematurely released or reversed c...