Extensive Land Acquisitions, Luxury Assets, Financial Investments: ACB Registers Case Against ‘Corrupt’ Retired Engineer

ACB said that search operations were conducted at multiple locations across Jammu, Srinagar, and Delhi following search warrants obtained from the court. Several incrimin ating documents related to property acquisitions were seized in the presence of independent witnesses.

The investigation uncovered a staggering array of assets, including: a 3BHK flat in Greater Kailash, Jammu, a 3BHK flat in Chhatarpur Enclave, Delhi, a house on Residency Road, Jammu, and another in Hygam, Sopore, a palatial house in Bagh-e-Mehtab, Srinagar, a shopping complex in Hygam, Sopore, housing businesses, including a J&K Bank branch, four shops in Hygam, Sopore, along with extensive landholdings totaling over 20 kanals in Baramulla and Hygam.

In addition, Parray owns several vehicles, including a Tata Safari, Hyundai i10, WagonR, and a John Deere tractor. Financial records revealed fixed deposits worth Rs 88 lakhs across J&K Bank and HDFC Bank, insurance policies valued at Rs 45 lakhs, and significant expenditures on loan repayments.

The ACB has termed the findings as a clear case of disproportionate assets and is continuing its investigation to determine the full extent of the alleged corruption. [KNT]

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