WAJAHAT SHABIR
Srinagar: Anti Corruption Bureau Jammu and Kashmir have registered Disproportionate Assets (DA) cases against two employees of Srinagar Smart City Limited.
The cases have been registered against Sajid Yousuf Bhat, Chief Financial Officer and Zahoor Ahmad Dar, Executive Engineer of Srinagar Smart City Limited.
Addressing the media, Abdul Waheed Shah, AIG Headquarters Anti Corruption Bureau J&K, said Sajid Yousuf Bhat owns a commercial property at Rambagh Srinagar having an actual price significantly much higher than the value of the sale deed paid by the suspect, besides multiple bank accounts with suspicious transactions.
In this way, public servants, namely Sajid Yousuf Bhat S/0 Mohammad Yousuf Bhat R/o Namblabal Pampore, A/p Doulatabad Khanyar Srinagar, presently posted as Chief Financial Officer (CFO), Srinagar Smart City Limited, has enriched himself illicitly by indulging in corrupt practices which attract commission of offence under section 13(1) (b) r/w 13(2) of Prevention of Corruption Act 1988 for possession of assets disproportionate to his known sources of lawful income. Accordingly, case FIR No. 01/2025 has been registered in Police Station ACB Srinagar, he said.
Adding that said, “ACB conducted a secret verification into the allegation that Sajid Yousuf Bhat, Chief Financial Officer (CFO) & Zahoor Ahmad Dar, Executive Engineer, both presently posted in Srinagar Smart City Limited have accumulated assets disproportionate to their lawful known source of income & suspects are also living lavish & luxurious lifestyle”.
Zahoor Ahmad Dar owns a lavish multi-storied house at Lane NO. 5, Galibabad, Shalteng Srinagar, one Sedan car, suspicious bank transactions in personal accounts & accounts of his spouse, acquisition of Benami properties & huge assets in the form of FDRs, he said.
In this way, the public servant, namely Zahoor Ahmad Dar, S/o Ab. Razak Dar R/o Takinwaripora Srinagar A/p Galibabad Lane No. 5 Shalteng, Srinagar, presently posted as Executive Engineer, Srinagar Smart City Limited, has enriched himself illicitly by indulging in corrupt practices which prima-facie attract commission of offence under section 13(1)(b) r/w 13(2) Prevention of Corruption Act, 1988 for possession of assets which are prima-facie disproportionate to his known sources of lawful income. Accordingly, case FIR NO. 02/2025 has been registered in Police Station ACB Srinagar, the officer said.
Search warrants were obtained from the Hon’ble Court of Law & as I speak to you, searches are underway at seven different locations associated with these cases, and an investigation is in progress, he said.
Apart from the above, an input indicates that material such as Devari Stones, etc, worth crores has been misappropriated. The material was allegedly sold in the open market for personal gain during the execution of the Srinagar Smart City Project. He also said a probe has been ordered in this regard.
