Excelsior Correspondent
JAMMU, Dec 2: The Crime Branch (CB) has filed the final charge-sheet in a multi-crore misappropriation case in Channi, Jammu, following the recovery of the entire embezzled amount and the completion of the investigation.
A Crime Branch official said that the charge-sheet has been submitted to the court for judicial determination.
He said that on July 19, 2022, an FIR number 118/2022 was registered at Channi Himmat Police Station after a complaint from the Executive Director of Jamkash Vehicleades Pvt Ltd.
The complaint accused Sheraz Mir, an accountant at the company, of transferring Rs 1.32 crore into his personal bank accounts from the company’s funds, he said.
The accused allegedly invested the misappropriated amount in online betting, claimed the CB official.
According to him, Sheraz Mir was arrested, and an initial recovery of Rs 22 lakh was made.
“A preliminary charge-sheet was filed in court. However, as a significant portion of the misappropriated amount was still missing, the case was transferred to the Crime Branch on July 13, 2023, for further investigation,” said the CB official.
He said the Crime Branch carried out a detailed probe, analyzing the accused’s bank accounts.
With further leads,he said, raids were conducted in Indore and Delhi, leading to the recovery of the remaining Rs 1.10 crore.
In total, the full amount of Rs 1.32 crore was recovered and handed over to the complainant, he added.
Senior Superintendent of Police (SSP), Crime Branch Jammu, Benam Tosh, praised the investigating team for their diligent work and swift recovery.
The final charge-sheet has now been filed under Sections 406 and 408 of the IPC before the Court of Special Mobile Magistrate for judicial determination.
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