Former JK Bank chairman may get arrested by ACB in loan scam

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Srinagar: The former chairman, deputy chairman and others may be arrested soon in the JK Bank loan scam. If sources are to be believed, the names of former ministers and some other leaders in this scam can also be revealed. Meanwhile, Anti Corruption Bureau investigation is going on in Delhi, Jammu and Srinagar. Bureau director Anand Jain says the investigation of the case is still going on. The Anti Corruption Bureau has lodged an FIR including the former chairman of the bank. After his arrest, he can be questioned severely.

Sources say that after the three loan scams in the Jammu and Kashmir Bank, some political people have also become sleepy. Names of up to former ministers may be included. Now, with the command being directly in the hands of the Center, the action of the bureau may intensify. So far, more than 2 thousand crore loan scam has been exposed by JK Bank. On Saturday, the bureau team raided 16 places simultaneously in Delhi, Jammu and Srinagar.

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This investigation was done in the case of a scam of 11.5 million. It is being told that during the time of Mushtaq Ahmed, loans have been given to his favorites with the recommendations of many politicians. The names of some ministers may be revealed. Most of them may be from Kashmir division. Because the businessmen and leaders of Kashmir together with bank officials have given large scale loans.

Many traders from Kashmir who are out of the state. They have been scammed in large-scale loans. Explain that after the Governor’s rule, the action of Anti Corruption Bureau has increased. The Governor has clearly said that the names of many big leaders will come out in corruption. There will be no one left to do corruption.