Srinagar, Oct 22, KDC: The Special Crime Wing of Crime Branch Kashmir has filed a chargesheet against Abhisek Prajapat, the former Branch Manager of J&K Grameen Bank, Lalpora, Kupwara, in a case involving alleged cheating, criminal breach of trust and misappropriation of bank and customer funds.
According to an official statement issued by Crime Branch Kashmir, the chargesheet was filed before the Court of Judicial Magistrate 1st Class, Sogam, Lolab, for judicial determination.
The case relates to alleged financial irregularities during Prajapat’s tenure at the bank’s Lalpora, Kanthipora and Kupwara branches.
The Crime Branch said the case originated from a complaint lodged by the Regional Manager of J&K Grameen Bank, Kupwara, which was forwarded by the Anti-Corruption Bureau (ACB) to Crime Headquarters for necessary action.
Following preliminary verification by the Economic Offences Wing, FIR No. 09/2026 was registered at Police Station Special Crime Wing, Crime Branch Kashmir, on May 13, 2026, and an investigation was initiated.
During the investigation, officials allegedly found that Prajapat had transferred ₹1.19 lakh from various customer accounts into his personal bank account under the pretext of loan documentation, file charges and other related expenses.
The investigation further revealed the alleged diversion of ₹25,850 from official bank expenditure accounts, while another ₹24,100 was reportedly shown as unwarranted expenditure, resulting in a reported aggregate loss of ₹49,950 to the bank, the statement said.
The Crime Branch further stated that Prajapat was dismissed from the services of J&K Grameen Bank on February 13, 2025, following departmental proceedings.
The chargesheet has been filed under Sections 409 and 420 of the Indian Penal Code (IPC), pertaining to criminal breach of trust and cheating, respectively, read with Section 193 of the Bharatiya Nagarik Suraksha Sanhita (BNSS).
The matter is now before the competent court for judicial determination. The allegations against the accused remain subject to adjudication.
The Crime Branch urged the public to remain vigilant against financial fraud and report suspected instances to the concerned authorities for necessary legal action. (KDC)
