Srinagar, December 2: The Economic Offences Wing of the Crime Branch Kashmir (CBK) on Tuesday said it has filed a chargesheet in FIR No. 21/2022 under Sections 420, 421, 467, 468, and 120-B of the RPC against Zahid Bashir Shagoo, son of Bashir Ahmad Shagoo, a resident of Koker Bazar, Srinagar, currently residing at House No. 2, Indrabi Colony, Narbal, District Budgam, and his wife Shugufta, also a resident of Koker Bazar, Srinagar, presently living at the same Narbal address. The chargesheet has been submitted before the Hon’ble Court of the Chief Judicial Magistrate, Budgam.
According to a CBK handout to GNS, the case originated from a written complaint alleging that accused Zahid Bashir Shagoo deceitfully promised to secure a licence for establishing a gas agency, for which the complainant paid ₹38 lakh. It was further alleged that the accused provided forged documents that appeared to be genuine licences. Following the complaint, a Preliminary Verification was initiated by the Crime Branch Kashmir.
During the enquiry, the allegations were found to be prima facie established. The investigation revealed that Zahid Bashir Shagoo, in criminal conspiracy with his wife Shugufta, took several lakhs of rupees from the complainant under the pretext of providing a gas agency and extension counters. They intentionally defrauded the complainant by issuing forged documents. Consequently, offences punishable under Sections 419, 420, 468, 471, and 120-B of the RPC were found to be substantiated.
The subsequent investigation reinforced evidence of criminal intent, leading to the formal filing of the chargesheet for judicial proceedings. As both accused are absconding, the chargesheet has been produced in absentia under Section 512 of the CrPC.
The agency noted that in an earlier case (FIR No. 13/2018 under Sections 420, 468, 471, and 120-B of the RPC registered at Police Station Crime Branch Kashmir), the same accused had already been challaned, indicating a pattern of similar fraudulent conduct. Another case (FIR No. 31/2023) is also under investigation against Zahid Bashir Shagoo at the Economic Offences Wing of Crime Branch Kashmir, which is nearing completion.
Reaffirming its commitment, the Crime Branch Kashmir stated that it remains dedicated to ensuring accountability, protecting public trust, and taking firm action against all forms of fraud, cheating, and economic offences.
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