Saturday, November 27, 2021


yes punjab punjabi redirection

Lokan Da Channi

Channi 8

Bijli Bill


Sada CM


Mera Ghar

Kisan Karza

Markfed Sept to Nov

Innokids Green

ED raids 17 places in Punjab, Delhi, J&K including premises of ex-minister’s son in Bank Fraud Case

- Advertisement -

New Delhi, Aug 6, 2020-

The Enforcement Directorateis conducting searches at 17 locations in Punjab, Delhi and Jammu and Kashmir, including inthe premises of former J&K Finance Minister and senior NC leader Abdul Rahim Rather’s son Hilal Ahmed Rather.

The searches are in connection with its probe into the Rs 177 crore J&K Bank loan fraud case, a top ED official said.

The ED has registered a case of money laundering on the basis of a CBI FIR and a charge sheet. The CBI had registered the case on March 4.

Rather was arrested by the anti-corruption branch of the J&K Police on January 16.

The ED official said that the agency wants to collect the details of foreign assets of Rather, which will be treated as proceed of crime. After identifying the assets, the ED will attach them.

The CBI had named Rather and two others in a charge sheet filed before the court on March 14 in connection with the fraudulent withdrawals.

The CBI found that Rather had entered into a criminal conspiracy with J&K Bank officials to get a Rs 177.68 crore loan sanctioned in violation of the rules and guidelines. The loan were sanctioned for building flats but it was allegedly misappropriated by the accused using the bank accounts of his employees.

Rather also submitted forged certificates and bills to the bank. The account was classified as a non-performing asset on December 31, 2017. The bank officials didn’t verify the documents submitted by Rather and also helped in siphoning off and laundering the money.

Rather’s partners in the firm — Rizwan Raheem Dar, Ghulam Mohd Bhatt, Daljeet Wadhera and Deepshikha Jamwal — are also being probed by the agency.   (Agency)Online Since 2012

Click here to Like-Follow us on Facebook

- Advertisement -

Yes Punjab - TOP STORIES

Punjab News

Sikh News

Transfers, Postings, Promotions

- Advertisement -spot_img

Stay Connected






Taliban Fighters

The ‘Good’, the ‘Bad’ and the ‘Deobandi’ Taliban – by Asad Mirza

While an effort to classify the Taliban into good and bad is rather easy, the underlying reasons to classify them as Deobandi becomes a...
Interest Rates

When you (and everyone else) expect interest rates to rise – by Suyash Choudhary

The last few weeks have been notable from a global rates environment standpoint, particularly in developed markets. Markets across many such geographies have brought...
Diwali Diya

Diwali resolution we need in Covid times for a breathable future – by Dr Rajat Arora

The much-awaited festival of lights stands at our threshold -- the harbinger of peace and prosperity. With the economy coming back on track after...


Health & Fitness

Sanjeev Kapoor Chef

Chef Sanjeev Kapoor’s vegetable recommendations for winter

New Delhi, Nov 26, 2021- Winters in India have always beckoned for that hot, steaming bowl of tomato and pepper rasam or the mellow, millet based Raab. Certain dishes like sarson ka saag, undhiyu, nimona pulao are winter specialites in the country. Seasonal food has always been an Indian speciality -- we switch our choice in fruits, vegetables, sometimes even...

Gadgets & Tech