STATE TIMES NEWS
JAMMU: The Anti-Corruption Bureau (ACB) on Friday trapped arrested Fayaz Ahmad Khan, State Manager, Jammu & Kashmir State Industrial Development Corporation (SIDCO), Srinagar for demanding and accepting a bribe of Rs 1.05 lakh from a complainant for issuance of No Objection Certificate (NOC), a ACB spokesperson said.
ACB in a statement said it received a complaint from a resident of Suthra Shahi, Srinagar alleging therein that he is an industrial unit holder at Khunmoh, Srinagar. For expansion of the aforesaid industrial unit he had requested for financial support/assistance from the J&K Bank Khunmoh. The bank sought NOC from SIDCO Sanat Ghar, Bemina, Srinagar.
“The complainant prepared a file and completed all paper work and approached SIDCO office Bemina where State Manager Fayaz Ahmad Khan posted demanded Rs 5,000 for himself and Rs 1 lakh for General Manager Khursheed Ahmad for issuance of the required NOC,” spokesperson said adding that as the complainant don’t want to pay any bribe, he approached ACB with request for necessary legal action against aforesaid corrupt officers for demand of bribe of Rs 1.05 lakh.
“As the contents of the complaint prima facie disclose the commission of offence under Section 7 of the PC Act 1988 & section 120-B of the Indian Penal Code hence immediately case FIR No 23/2022 was registered at Police Station ACB Srinagar and investigations were started,” spokesperson said adding that a trap team was constituted which laid a successful trap and caught Fayaz Ahmad Khan, State Manager SIDCO Sanat Ghar, Bemina, Srinagar red-handed while demanding and accepting bribe from the complainant.
He was arrested on the spot by the ACB team and the bribe money was also recovered from his possession in presence of independent witnesses, spokesperson said adding that the further investigation is going on.