Jammu and Kashmir Anti-Corruption Bureau (ACB) on Friday registered disproportionate assets cases against the Chief Financial Officer (CFO) and Executive Engineer (EE) posted in Srinagar Smart City Limited.
Addressing a presser here, Abdul Waheed Shah AIG Headquarters, J&K ACB said the Bureau conducted a secret verification into the allegation that Sajid Yousuf Bhat, Chief Financial Officer (CFO) and Zahoor Ahmad Dar, Executive Engineer both presently posted in Srinagar Smart City Limited have accumulated assets disproportionate to their lawful known source of income and suspects are also living lavish and luxurious lifestyle.
“Sajid Yousuf Bhat of Namblabal Pampore, at present Doulatabad Khanyar Srinagar, presently posted as Chief Financial Officer (CFO), Srinagar Smart City Limited, has enriched himself illicitly by indulging in corrupt practices which attract commission of offence under section 13(1) (b) r/w 13(2) of Prevention of Corruption Act 1988 for possession of assets disproportionate to his known sources of lawful income and accordingly, a case has been registered in Police Station ACB Srinagar,” he said.
The official said Sajid owns a commercial property at Rambagh Srinagar having actual price significantly much higher than the value of sale deed paid by suspect, besides multiple bank accounts with suspicious transaction.
The ACB official said Zahoor Ahmad Dar, of Takinwaripora Srinagar, at present Galibabad Lane No. 5 Shalteng, Srinagar, presently posted as Executive Engineer, Srinagar Smart City Limited, has enriched himself illicitly by indulging in corrupt practices which prima-facie attract commission of offence under section 13(1)(b) r/w 13(2) Prevention of Corruption Act, 1988 for possession of assets which are prima-facie disproportionate to his known sources of lawful income. Accordingly, a case has been registered in Police Station ACB Srinagar.
“Zahoor owns lavish multi-storied house at Lane N0. 5, Galibabad, Shalteng Srinagar, one Sedan car, suspicious bank transactions in personal accounts and accounts of his spouse, acquisition of Benami properties and huge assets in form of FDRs,” he said.
The search warrants were obtained from the Court of law and searches were conducted at different locations associated with these cases.
“Further investigation is going on,” he said.