Srinagar, June 11 -- The Central Bureau of Investigation (CBI) has registered a case against 19 private people, unknown officials of J&K Bank, and unidentified public servants in connection with alleged irregularities in sanctioning and diversion of loans under the Prime Minister's Employment Generation Programme (PMEGP) in Jammu and Kashmir's Bandipora district.
The PMEGP is a central sector scheme that offers financial assistance to create employment opportunities in rural as well as urban areas.
According to an FIR registered by the CBI's last week, the case pertains to alleged criminal conspiracy, cheating, forgery, criminal breach of trust, and corruption in the sanctioning of multiple PMEGP loans at the J&K Bank branch in Sumbal fro...