Srinagar, Sept 24 (KNS): The Economic Offences Wing of Crime Branch Kashmir on Tuesday carried out multiple raids in Bandipora and Budgam districts after unearthing a multi-crore land compensation scam linked to the 400 KV DC Samba-Amargrah Transmission Line project.
Officials said the case was registered after reports surfaced that compensation for land in villages Watrad, Dalabal, and Kachwari in Budgam had been fraudulently released in the names of non-existent persons, leaving genuine landowners deprived.
Investigations revealed that crores of rupees were withdrawn through fake bank accounts by employees of M/s Unitac Power Transmission Limited, allegedly in connivance with land brokers and certain bank officials.Click Here To Follow Our WhatsApp Channel
The involvement of Mushtaq Ahmad Lone of Budgam, Bilal Ahmad Mir of Bandipora, and Unitac employees Ranjit Singh and Samaliya Kumar, among others, has come to light. They face charges under sections 409, 419, 420, 467, 468, 471, and 120-B of the RPC.
Crime Branch officials confirmed that searches at multiple locations are still underway to gather further evidence.(KNS)