CBK Busts Multi-Crore Land Compensation Scam

Srinagar- The Economic Offences Wing of Crime Branch Kashmir Wednesday said to have busted a multi-crore land compensation scam and conducted raids in Bandipora & Budgam districts.

As per a statement, the spokesman said, the Economic Offences Wing (Crime Branch Kashmir) carried out multiple searches in districts Bandipora and Budgam in connection with a case of fraudulent land compensation claims related to the 400 KV DC Samba-Amargrah Transmission Line.

“The case was registered following a complaint alleging that compensation for land falling under the transmission line in Villages Watrad, Dalabal, Kachwari Tehsil Khansahib, Budgam, had been fraudulently released in favour of non-existent persons, while genuine landowners were deprived,” the statement reads.

It added that the investigation has revealed that compensation running into crores of rupees was fraudulently withdrawn in the names of bogus persons through fake bank accounts by employees of M/s Unitac Power Transmission Limited, in connivance with land brokers and certain bank officials.

“The involvement of Mushtaq Ahmad Lone S/o Mohammad Akbar Lone R/o Watrad Dalabal Tehsil Khanshab, Budgam; Bilal Ahmad Mir S/o Gh. Ahmad Mir R/o Patushai Watpora, Bandipora; Ranjit Singh and Samaliya Kumar (employees of M/s Unitac Power Transmission Limited); along with others has surfaced, disclosing offences punishable under Sections 409, 419, 420, 467, 468, 471, and 120-B RPC,” the statement said, adding that further house searches at multiple locations are underway.

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