Srinagar, May 7 (NVI): The Economic Offences Wing (EOW) of the Crime Branch, Jammu and Kashmir, has filed a chargesheet in connection with an alleged large-scale financial fraud at the Shopian branch of HDFC Bank, officials said on Thursday.
The chargesheet in FIR No. 30/2025 was presented before the court of the Judicial Magistrate First Class, Shopian, under relevant provisions of the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act, they said.
According to the Crime Branch, the case surfaced following a written complaint alleging financial irregularities at the bank branch.
Officials said the matter was subsequently transferred to the Crime Branch by the Police Headquarters (PHQ), J&K, for detailed investigation.
During the probe, several persons, including serving and former employees of the bank, were found allegedly involved in the fraud, the officials said.
Those arrested in the case include Adil Ayoub Ganai and Irfan Majeed Zargar, both former branch managers of HDFC Bank at Pulwama and Shopian, along with former bank employees Mubashir Hussain Sheikh, Zaid Manzoor and Javaid Ahmad Bhat, officials said.
They said the accused were arrested on February 18 this year and have remained in judicial custody since then.
The Crime Branch said that after completion of the investigation, a chargesheet against 11 accused persons was filed before the court for judicial determination.(NVI)
