VOJ produce challan against Ex-MD SFC & Ors

25/03/2017

Jammu, Mar 24: State Vigilance Organisation today produced Charge sheet (Challan) against then MD Ejaz Iqbal of State Financial Corpor ation along with other officials and private persons for abuse and misuse of official position in forged and manipulated auction of M/S Anand Bricks Pvt. Ltd and M/S Jammu Ceramics Pvt. Ltd. located at Kangrail Mishriwala, Jammu belonging to Late Rabinder Nath Anand who expired in the year 2004.
The challan in the case FIR No. 07/2011 under section 5(1)(c)(d) read with 5(2) J&K P.C.Act Svt.2006 and section 467, 468, 471, 419, 420, 201 and 120-B RPC registered at Police Station, Vigilance Organisation, Jammu, was produced in the court of Special Judge, Anti-corruption, Jammu against Ejaz Iqbal then MD State Financial Corporation along with Rajinder Prasad, then Chief Manager large branch office SFC, Ravinder Mishra, then Manager Industries large branch office SFC, Then Assistant Manager large branch office SFC, Then Naib-Tehsildar Bhalwal, Ram Dayal then Patwari Halqa Kangrail, Sham Lal Gupta (Surveyor) R/o 61 B/B Gandhi Nagar Jammu (Private person), Rakesh Kumar, Amit Kumar Gupta S and Ravi Gautam.
The case was registered in P/S VOJ on 19-05-2011 on the basis of joint raids conducted by the teams of Vigilance Organisation in the premises of large branch office SFC Jammu and Srinagar simultaneously on 20-05-2011 following the allegations of fraudulent and manipulated auction done in the year 2009 of M/S Anand Bricks Pvt. Ltd and M/S Jammu Ceramics Pvt. Ltd. belonging to Late Sh. Rabinder Nath Anand located at Kangrail Mishriwala, Jammu by Ejaz Iqbal and others.
After investigation accordingly the FIR No. 07/2011 was registered against Ejaz Iqbal then MD State Financial Corporation & Ors.
During investigation, it has been established that the accused public servants in criminal conspiracy with each other and with the private persons with full knowledge and dishonest intentions fraudulently processed the papers for the change of 'lease hold rights' to 'absolute ownership rights' over approximately 58 Kanals 15 Marlas of land where upon superstructures of M/S Anand Bricks Pvt. Ltd and M/S Jammu Ceramics Pvt. Ltd. were raised, through a forged and manipulated auction process thereby causing wrongful and huge loss to the extent of Rs. 108 lakhs approximately to State Financial Corpor ation and loss of land to the heirs of Late Rab inder Nath Anand and corresponding gain to aforesaid accused persons.
After completing the investigation, Govern ment sanction in respect of in service accused officials as well as approval against the private/ retired persons was obtained from the competent authority i.e. State Financial Corporation and GAD and accordingly the challan was produced in the court of Special Judge Anti-corruption. JNF

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