States » NorthPosted at: Oct 1 2020 6:19PM

ACB register case against JKB officials, Mumbai company for Rs 6 cr fraud

Srinagar, Oct 1 (UNI) The Anti Corruption Bureau (ACB) has registered a case against the officials of Jammu and Kashmir Bank (JKB) and proprietors of a Mumbai company for awarding contract not following the proper tendering norms thus causing a loss to the tune of more than Rs six crore.
A spokesman of the ACB said that an FIR was registered against accused Surjeet Singh Seghal, the then Executive President J&K Bank (now retired), Parvaiz Ahmad, the then Chairman of J&K Bank (now retired), Feroz Ahmad, the then Assistant Vice President; and Sahil Vora and Rishabh Vora, Directors of M/s SILA Solutions Pvt Ltd along with the residents of 508 Olympus Apartments 5C, Altamont Road Mumbai.
He said FIR was registered on the allegation that the officers and officials of J&K Bank Ltd awarded tenders of housekeeping to a Mumbai based Company by not following the proper tendering norms and that has led to the losses to the bank of the tune of Rs 6,29,56,575 from the date of award of contract.

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Tags: #ACB register case against JKB officials # Mumbai company for Rs 6 cr fraud

ACB register case against JKB officials, Mumbai company for Rs 6 cr fraud

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