Special Judge Anti-Corruption Srinagar has rejected Deputy registrar Syed Ashiq Hussain’s application for anticipatory bail in a multi-crore scam in the Jammu and Kashmir Cooperative Bank.
The petitioner’s application argued that he is a law-abiding citizen, his arrest will tarnish his image and that he is suffering from chronic diabetes. However, the ACB said the part charge sheet in the FIR is already filed for judicial determination and further investigation in the case.
The court said ”the allegations against the accused are serious in nature and incriminating also and demonstrate the conspiracy hatched between chairman of non-existent cooperative society, Registrar Cooperative Society, petitioner and management of Cooperative Bank”.