J&K Crime Branch files chargesheet in ₹3.11 crore bank fraud case
Synopsis
Nine years after FIR No. 25/2016 was registered, J&K's Economic Offences Wing has finally filed a chargesheet in the ₹3.11 crore Central Co-operative Bank fraud — naming a retired branch manager and a cashier who allegedly sanctioned fictitious loans and overdrafts far beyond authorised limits. The case now moves to trial before the Chief Judicial Magistrate in Handwara.
Key Takeaways
The EOW Kashmir filed a chargesheet in FIR No.
25/2016 before the Chief Judicial Magistrate, Handwara on 1 August .
The case involves misappropriation of approximately ₹3.11 crore from the Central Co-operative Bank, Baramulla .
Charges include cheating, forgery, use of forged documents, and criminal conspiracy under Sections 420, 468, 471, and 120-B RPC .
Two accused named: retired Branch Manager Ghulam Mohd Beigh and Cashier-cum-Clerk Abdul Hamid Gojrii .
The accused allegedly sanctioned fictitious loans and overdrafts far beyond delegated authority at the Langate Branch .
The public can report economic fraud to the SSP, EOW Kashmir at sspeow-kmr@jkpolice.gov.in .
The Economic Offences Wing (EOW) of the Jammu & Kashmir Crime Branch has filed a chargesheet in a ₹3.11 crore embezzlement case involving the Central Co-operative Bank, Baramulla, officials confirmed on Saturday, 1 August. The chargesheet was presented before the Court of the Chief Judicial Magistrate, Handwara, under FIR No. 25/2016.
Background of the Case
The investigation was triggered by a communication from the then Registrar, Co-operative Societies, J&K, alleging large-scale financial irregularities and embezzlement across multiple branches of the Central Co-operative Bank, Baramulla. Investigators established that the then Branch Manager of the Langate Branch had fraudulently sanctioned fictitious loans and permitted overdrafts far beyond his delegated authority, resulting in the misappropriation of approximately ₹3.11 crore in bank funds.
Key Charges Filed
The chargesheet invokes Sections 420, 468, 471, and 120-B RPC — covering cheating, forgery, use of forged documents, and criminal conspiracy. According to the Crime Branch, the accused entered into a criminal conspiracy to facilitate the fraudulent transactions, causing substantial wrongful loss to the bank. The allegations were corroborated through dedicated investigation and technical evidence gathering.
Accused Named in Chargesheet
Two individuals have been chargesheeted in the case. The first is Ghulam Mohd Beigh, a retired Branch Manager and son of Ghulam Mohi-ud-Din Beigh, resident of Kenyal Tarthpora, Handwara. The second is Abdul Hamid Gojrii, a Cashier-cum-Clerk and son of Abdul Razzak Gojrii, resident of Gund Karim Khan, Rafiabad.
Crime Branch Advisory
The EOW Kashmir has urged the public to remain vigilant against economic frauds and to report suspicious financial activity to the SSP, EOW Kashmir. Victims may also lodge complaints via email at sspeow-kmr@jkpolice.gov.in. The EOW specialises in financial crimes that require technical expertise to build prosecutable evidence.
With the chargesheet now before the competent court, the case moves into the trial phase — a process that will test the strength of the documentary and financial evidence assembled over the course of the investigation.
Point of View
But the mechanics are textbook: a branch manager acting beyond delegated authority, fictitious loan accounts, and a complicit cashier. What this case really tests is whether J&K's courts can deliver timely convictions once chargesheets are filed, or whether the accused benefit from prolonged trial delays — a pattern that has blunted deterrence in cooperative bank fraud cases across India.
NationPress
2 Aug 2026
Frequently Asked Questions
What is the J&K Crime Branch bank fraud chargesheet case?
The Economic Offences Wing of the J&K Crime Branch has filed a chargesheet against two accused in a ₹3.11 crore embezzlement case involving the Central Co-operative Bank, Baramulla. The chargesheet was presented before the Chief Judicial Magistrate, Handwara, under FIR No. 25/2016.
Who are the accused named in the chargesheet?
The two accused are Ghulam Mohd Beigh, a retired Branch Manager of the Langate Branch, and Abdul Hamid Gojrii, a Cashier-cum-Clerk. Both are residents of the Handwara and Rafiabad areas of J&K respectively.
What charges have been filed in the case?
The chargesheet invokes Sections 420, 468, 471, and 120-B RPC, covering offences of cheating, forgery, use of forged documents, and criminal conspiracy. The accused allegedly sanctioned fictitious loans and unauthorised overdrafts to misappropriate bank funds.
How was the fraud discovered?
The investigation was initiated following a communication from the then Registrar, Co-operative Societies, J&K, alleging large-scale financial irregularities across branches of the Central Co-operative Bank, Baramulla. The EOW subsequently established the fraudulent loan sanctions and overdrafts.
How can the public report economic fraud in J&K?
The EOW Kashmir has advised the public to report suspicious financial activity to the SSP, EOW Kashmir, or lodge complaints via email at sspeow-kmr@jkpolice.gov.in.
