The Special Judge Anti-corruption (CBI cases) has sentenced a former cashier-cum-clerk of J&K Grameen bank to three years simple imprisonment for committing a financial fraud.
Convict (now retired) Javed Habib, who was working at the Kupwara branch of the bank committed the fraud during the period 28/06/2007 to 31/12/2010 to the tune of Rs 19.12,500/- lakhs by making fictitious credit/debit entries in relevant ledgers and bank documents of various account holders of the said bank.
The judgment reads: “The accused is sentenced to undergo simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 409 RPC, simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 420 RPC, simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 467 RPC, simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 468 RPC, simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 471 RPC, simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 477 RPC and simple imprisonment for a term of three years and fine Rs.10,000/- for the offence U/S 5(2) of J&K Prevention of Corruption Act Svt. 2006.
All the imprisonments imposed in different sections herein above shall run concurrently.”
It said, “In case of failing to pay fine imposed herein above in different sections, accused shall undergo simple imprisonment of one month each in default in every section mentioned above in the same sequence but that imprisonment in case of failing to pay fine shall run separately after actual imprisonment of three years is over.”
“The accused shall be lodged at Central Jail Srinagar for undergoing this sentence/imprisonment. The period of custody/detention whether police or judicial already undergone by accused in this case be set off against this sentence,” it said—(KNO)
