A complaint against bank manager

ED, Srinagar has filed a Prosecution Complaint (PC) under the provisions of PMLA, 2002 before the Hon’ble Special Court (PMLA), Srinagar against Mukti Nath Doley, Ex Branch Mangar, Canara Bank , Irfan Manzoor Darzi, Shah Nawaz Shah of M/s SMC tours and Travels, New Delhi, Md. Parwez Mughal of Raffal World, Srinagar, Md. Asaraf Dev of M/s Rafraf Tours and Travels, Budgam, Sayed Kaushar Niyazi of M/s Syed Tours and Travels, Srinagar, Rayees Manzoor Darzi of M/s Rayees Tour and Travels, Mudasir Nazir Wani of M/s Travel King, Irfan Rashid Khan of M/s JK Makkah Jewelers, Rajouri, Ishfaq Ahmad Zargar of M/s Nikha Ornaments, Srinagar, & Khalil Ahmad Mughal of M/s JK Gold Jewelry, Rajouri in the case of Canara Bank Fraud in the state of Jammu & Kashmir on 18/07/2025. The Hon’ble Special Court has taken cognizance of the PC.

RI to Post office employee

The CBI Court, Patna on July 22, 2025 sentenced Lohra Bhagat, Sr. Accountant, Department of Post, Patna to two years Rigorous Imprisonment (RI) with a fine of Rs. 1.10 lakh  in a cheating case.

The instant case was registered by CBI on 31.03.2014 against Shri Lohra Bhagat, Sr. Accountant, Department of Post, Patna and others on allegations  that Shri Lohra Bhagat while posted as Sr. Accountant in the Office of the Director of Accounts, Patna, Postal Department during the year 2010-2013 got himself appointed as Dy. Chairman of Schedule Tribe Commission in Government of Bihar for a tenure of 3 years by using forged name as Lalit Bhagat and thus enjoyed both the posts and received salary from both the department.

During investigation, it was revealed that Lohra Bhagat and Lalit Bhagat is one and the same person. He worked as Senior Accountant in Department of Post and Dy. Chairman, Bihar State Schedule Tribe Commission, Patna during the period July 2010 and July 2011 simultaneously and drew salary of ₹ 3,41444/- from Govt. of India and ₹ 14,87,591/- and other miscellaneous expenses like leased vehicle of ₹ 32850/- per month, etc. from Government of Bihar. Lohra Bhagat @ Lalit Bhagat by his above acts of omission and commission has cheated both Government of India and Government of Bihar and has caused wrongful loss of ₹ 3,41,444/-and ₹ 14,87,591/- respectively and corresponding gains to himself.

 Customs duty evasion

The officers of Directorate of Revenue Intelligence (DRI) Mumbai recently arrested three persons including a businessman in a case of customs duty evasion of Rs 30 crore.

The agency officials said that several dummy Importer Exporter Code (IEC) were allegedly being mis-used by the accused for importing grossly undervalued and mis-declared branded luxury furniture leading to a substantial loss of Government revenue.

According to the DRI they had received intelligence information about import of grossly undervalued and mis-declared branded luxury furniture leading to Customs duty evasion.

“During the investigation, statements of various persons were recorded wherein the role of a Oshiwara resident who appeared to be as one of the orchestrators of the syndicate involved in gross misdeclaration and undervaluation surfaced. The accused’s company was involved in importing branded furniture into India at undervalued prices by using shell companies based overseas and several shell companies in India. The imports were declared at lower values and the actual brand names were hidden from Customs, using dummy IECs in India to avoid detection and evade Customs duty. Further investigation revealed the roles of two more persons connected with this case. A Borivali resident and a Kalamboli resident who were associated with this case were nabbed on Tuesday (July 22),”.