ACB books J&K Bank officials, realtor in Rs 600 crore fraud case


JAMMU: The Jammu and Kashmir’s Anti-Corruption Bureau on Wednesday registered two corruption cases against a Delhi-based realtor and various officials of the J&K Bank for their alleged roles in defrauding the bank of over Rs 600 crore.

After registering two FIRs under various sections of the Ranbir Penal Code and the Prevention of corruption Act, the ACB sleuths conducted search and seizure operations at the residential and official premises of Ambience Group’s promoter and director Raj Singh Gehlot, said an ACB spokesperson. He said searches were carried out at residence and home of Gehlot in New Delhi.