Srinagar, Sept. 21 -- Srinagar- The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Monday registered a case against a former branch manager of Grameen Bank for allegedly committing financial irregularities by misusing his official position.

A spokesperson of the ACB said the anti-graft agency has registered an FIR against Arvind Saini, the former Reban branch head of Jammu and Kashmir Grameen Bank in Sopore area of Baramulla district. It alleges a criminal conspiracy in connivance with Firdous Ahmad Sheikh, a beneficiary of the Prime Minister's Employment Generation Programme (PMEGP) scheme.

The financial irregularities involved premature release of capital subsidy under sponsored schemes in relation to the implementation of the PMEG...