GNS News Desk
Jammu, Nov 6(GNS): The Economic Offences Wing (EOW), Crime Branch Jammu has filed a chargesheet against Pieary Lal Koul and his wife Nirmala Koul, residents of Sainik Colony, Jammu, in connection with an alleged property fraud involving ₹3.55 crore.
In a handout to GNS, the CBJ the case was registered following a complaint by Dr. Ajay Wakhloo, Director of Ankur Maitrika Hospital, who alleged that the accused agreed to sell him a residential plot with a constructed house in the Sainik Colony area for ₹3.55 crore which was already mortgaged with a Bank. An agreement to sell was executed on February 21, 2025.
Investigation led by Dy.SP Vishal Sharma, established that the accused allegedly concealed the fact that the property was already mortgaged with J&K Bank against outstanding loan liabilities. The complainant reportedly transferred approximately ₹3.55 crore through bank transactions, cheques and cash to facilitate the deal and clear the mortgage.
After collecting oral, documentary and financial evidence, the EOW filed the chargesheet before the competent court for judicial determination under Sections 318 and 61(2) of the Bharatiya Nyaya Sanhita (BNS).(GNS)
