Former bank chairman Mohammad Shafi Dar arrested along with chairman of River Jhelum Cooperative Housing Building Society, a ‘fictitious firm’ The Enforcement Directorate (ED) has arrested former J&K Co-operative Bank chairman Mohammad Shafi Dar in connection with a Rs 250-crore money laundering case in Jammu and Kashmir, officials said on Friday. Dar was arrested along with Mohammad Hilal A Mir, the chairman of the River Jhelum Cooperative Housing Building Society, a “fictitious firm”, and they will be presented before a special court, according to the officials. The ED had conducted…
Read MoreRs 250 Crore Fraud Unravelled: Former J&K Co-operative Bank Chairman Nabbed in Massive Money Laundering Scheme
