news details |
|
|
| BGSBU Scam: Clerk withdraws Rs 4,28,557 fraudulently, Police scrutinizing records | | |  Early Times Report
Rajouri, June 4: Rajouri police today said that Rs 4,28,557/- have been withdrawn fraudulently through fake purchase bills by Muzaffar Hussain clerk in scholarship branch at Baba Ghulam Shah Badshah University (BGSBU) while suspicious transactions worth Rs 13,48 659 have been detected till today under the much publicized BGSBU Scholarship Scam.
Dr Haseeb Mughal, SSP Rajouri said the fraud was committed by Muzzafar Hussain clerk in nexus with Azaz malik, J&K bank associate who was terminated from the service by the bank management in the month of May. "Others who may have some involvement in this scam have been identified as Mirza Naseeb and Manzoor Hussain both BGSBU employees, he added
Sharing details SSP Rajouri said Muzaafar Hussain has fraudulently withdrawn Rs 4,28,557 against trade companies namely M/s Kusum Pen & Book House Rajouri (Rs 85000 & Rs21,213) and Sanjay Ghai ( Rs 3,22,344/-).
"Police is also investigating how the bank has released Rs 3,22,344 to one Asif Iqbal r/o Darhal and owner of Khidmat Centre without verifying the person /his Pan Card number/other relevant documents, he said and added, "involvement of other bank employees can't be ruled out and police is investigating from all directions.'
Police is in process to verify from the said persons how their names figured in BGSBU's records Police is in progress to approach these firms/persons for any involvement in this network, added SSP.
Dr Haseeb Mughal further said that the scam came to light when one pass out student of Baba Ghulam Shah Badshah University (BGSBU) Masood Ahmed r/o Khanetar in Poonch district had approached J&K bank for cash against scholarship cheque (Ch No 263697 dt22/9/13 and revalidated by Director Triabal Affairs J&K on 8/8/2014 ) issued in his favor amounting Rs22,300.
Bank told him that amount can't be transferred in his favor as the cash has already been withdrawn. Masood questioned bank officials how a payees account cheque (his ac No SB0110040500000013) can be get cashed by another person. Following his complaint Bank administration started investigation and it was established that the cash was transferred into another account by one Azaz Malik, J&K bank associate posted in Raikibanh branch in Darhal investigation.
Bank vigilance investigated the case and during investigation it was found that many such scholarship cheques (worth Rs 2,13700) were fraudulently transferred into another accounts by Azaz in nexus with Muzaafar Hussain of BGSBU dealing with scholarship scam.
The senior Police officer also revealed that Azaz Malik was terminated from the service by the bank and the bank has lodged case FIR No46/2015 dtd May 20 against Azaz and police started investigation.
SSP , Rajouri said that following this he has constituted a special police team headed by SDPO Thanamandi ,Intkhab Talib and during investigation it was established that the fraud was committed by Muzaafar Hussain in nexus with Azaz Malik , J&K bank employee.
"Meanwhile BGSBU management has placed Muzzafar Hussain under suspension, SSP said and added , Azaz has recently surrendered before the police and has been cooperating in the investigation.
Giving some details Dr Haseeb Mughal said that embezzlement /misappropriation of money of scholarship cheques was committed by Azaz & Muzzaffar and the amount was transferred in the names of relatives of Azaz & Muzzafar.
"The modus operandi of the accused was that they were adopting delaying tactics in issuing cheques to the beneficiaries and when the cheques get over dated they were putting revalidated stamps on the cheques with forged signatures and turn it into bearers cheques.
"Muzzafar on phone use to give cheque number/ amount to Azaz and Azaz get the amount transfer into the accounts of their relatives while cheques physically remains in University records to show that the beneficiaries have not approached the BGSBU for their scholarship cheques" said SSP.
Giving details of Rs2,13700, Dr Haseeb,SSP said Azaz has transferred Rs 88,300 in the name of Shahid Iqbal (Azaz's brother) , Rs31,00 in the account of Mirza Naseeb, work supervisor in BGSBU, Rs 41700 were deposited in the account of Mohd Majid (brother-in-law of Azaz), Rs 31,000 transferred in the account of Manzoor Hussain ( another employee of BGSBU in scholarship branch) & Rs 60000 in fake account of Sajjad Mehmood.
Azaz is operating the accounts/ATMs of Mohd Majid (student) and his bhabi for the misappropriation of money. SSP added that the matter is under investigation and as per University record (scholarship branch) about 30 cheques have shown issued in favor of students but actually the money was misappropriated by theses accused and the beneficiaries are not aware of this.
He added that university administration as well as bank officials have been cooperating the police in the investigation and more it was hoped that during investigation more misappropriations /embezzlement may come to light. |
|
|
|
|
|
|
|
|
|
|
|
|
| |
| |
|
|
|
|
 |
|
|
|
|
STOCK UPDATE |
|
|
 |
| BSE
Sensex |
 |
| NSE
Nifty |
|
|
| |
CRICKET UPDATE |
|
|
|
|
| |
| |
|
|
| |
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
