Srinagar, Feb 18, KDC: The Economic Offences Wing (EOW) Kashmir of Crime Branch J&K has arrested five employees of HDFC Bank in connection with a major financial fraud case registered at Police Station EOW Kashmir.
According to officials, the case (FIR No. 30/2025) has been registered under relevant provisions of the Bharatiya Nyaya Sanhita (BNS) and the Information Technology Act following a written complaint alleging large-scale financial irregularities at the Branch Unit Shopian of HDFC Bank.
The matter initially surfaced at Police Station Shopian and was subsequently transferred to the Crime Branch J&K for a comprehensive investigation in compliance with directions from PHQ J&K.
The arrested employees have been identified as Adil Ayoub Ganai of Memendar, Shopian, presently residing at Hamza Colony, Baghat-e-Kanipora, Nowgam, Irfan Majeed Zargar of Sheikh Mohalla, Bonigam, Shopian, Mubashir Hussain Sheikh of Karena, Kulgam, Zaid Manzoor of Dagerpora, Khannabal, Anantnag and Javaid Ahmad Bhat of Below Rajpora, Pulwama.
Officials said searches are currently underway at multiple locations in Shopian and Budgam districts to collect material evidence related to the case.
The EOW Kashmir stated that further investigation is in progress and additional arrests or recoveries cannot be ruled out. The agency reiterated its commitment to taking all lawful measures to safeguard financial integrity and ensure accountability in cases involving public trust and banking institutions. (KDC)
