Srinagar, Sept 24. The Economic Offences Wing of Crime Branch Kashmir on Wednesday carried out multiple raids in Bandipora and Budgam districts after unearthing a multi-crore land compensation scam linked to the 400 KV DC Samba-Amargrah Transmission Line project. ADVERTISEMENT
The case was initiated following a complaint that compensation for land acquired in Watrad, Dalabal and Kachwari villages of Tehsil Khansahib, Budgam had been released in favour of non-existent individuals, leaving genuine landowners deprived of their dues.
Investigations revealed that compensation worth crores of rupees was fraudulently siphoned off using fake bank accounts in the names of bogus persons. The fraudulent withdrawals were allegedly made by employees of M/s Unitac Power Transmission Limited in collus