Resident Manager SIDCO acquitted

JAMMU: A special court on Jammu acquitted then Resident Manager of J&K SIDCO at New Delhi along with another accused for the failure of prosecution to prove its case.
Special Judge Anticorruption Jammu YP Bourney acquitted Mohammed Elyas Kraipak then Resident Manager and his brother-in-law Mohammed Iqbal Naqash of Srinagar who were booked by SVO U/Ss. 420, 120-B RPC read with section 5(2) of Prevention of Corruption Act, 2006 SVT, as prosecution miserably failed.
The State Vigilance Organisation—now Anti Corrpution Bureau—had alleged that Kraipak when he was posted as Resident Manager J&K SIDCO office in New Delhi had drawn the rent of a flat owned by himself from April, 2001 till November 2006 when under law he was entitled to draw 30% of the HRA only admissible to him under SRO 76 Dated 30.03.1992 read with SRO No. 52 dated 05th of February 1998 and thus caused a loss of Rs 3,57,651 to the State exchequer in connivance with his brother-in-law.
Special Judge Anticorruption Jammu YP Bourney observed that prosecution has failed miserably to prove that the act of the accused in withdrawing the rent of his own premises in the garb of being taken on lease from the other accused and the latter having consciously facilitated these withdrawals does not meet the requirements of the offence as defined under section 5(1)(d) of PC Act since nobody from the corporation has come forward to state that it was a calculated loss to the corporation and undue enrichment of the accused.
“The charge sheet is therefore dismissed and the accused persons are acquitted of the charges leveled against them,” he said.

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