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J&K Bank Cluster Head, Manager get bail in Rs 177 crore scam involving Ex Minister's son


Jammu, Jan 14: Special Judge CBI Rajesh Sekri granted bail to Arun Kumar, Cluster Head J&K Bank Ltd Samba and Iqbal Singh, then Branch Head University Branch who were challaned by CBI in Rs 177 Crore Scam in which Hilal Rather was also an accused.

Court after hearing observed that since the alleged mastermined of the case accused Hilal Rather has already been admitted to bail by High Court, the petitioners/accused are otherwise entitled to be released on bail on a parity of reasoning and allowed the application & granted bail.

Court further said that however, the bail is subject to the following conditions that:-

1. The petitioners shall cooperate with the investigating agency, if need arises.

2. The petitioner shall regularly appear during the trial.

3. The petitioners shall not leave territorial jurisdiction of this court without prior permission and the petitioners shall not directly or indirectly make any inducement, threat or promise to any person acquainted with the facts of the case.

 

 


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