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Today's Bulletin - Wednesday, May 1, 2024

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Kashmir

ACB files FIR against Manager cooperative Marketing Society Tangmarg

ACB files FIR against Manager cooperative Marketing Society Tangmarg

Huge financial mismangement comes to fore after investigation


Srinagar, July 26 (RNA): Anti Corruption Bureau has filed an FIR against Manager, Cooperative Society Tangmarg for " Financial Mismanagement ." In a press statement, the ACB said that

"Today 26-07-2019, case FIR NO. 02/2019 U/S 5 (1) (d) r/w 5(2) J&K PC Act Svt 2006 has been registered in P/S ACB Baramulla (North Kashmir) on the basis of an enquiry conducted by the State Vigilance commission into the complaint against Mansoor Ahmad Lone, then Manager Cooperative Marketing Society Tangmarg which revealed that shopping complex has been constructed at Wahipora Tangmarg by evading all norms/procedures and the works have been allotted to the contractors without approval from competent authority, without estimate/design by ignoring the tendering process. "
The statement added that the enquiry report also revealed that a huge amount of Rs 19.94 lacs on account of goodwill construction cost has been received by the then Manager Cooperative Marketing Society Tangmarg from thirteen persons, However, as per the records an amount of Rs 12.85 lacs has been paid to the sublet contractors till 03/08/2017 against the construction work. The probe also revealed that records have not been maintained properly which seems to be a deliberate attempt on part of the Manager to conceal the actual financial position etc.
Moreover, the enquiry report further reveals that while constructing another shopping complex at Tangmarg, all norms / procedure have been flouted. The unauthorized construction of roof top with 16 rooms on double storied shopping complex at Tangmarg market during 2017-18 by Traders Federation, has been completed, but the records of the society are silent about the details/expenditure of such construction.
Accordingly the aforementioned case has been registered today in P/S ACB and investigation set into motion. (RNA)  

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