The Anti-Corruption Bureau (ACB) on Friday arrested former Srinagar Deputy Mayor Sheikh Imran in a multi-crore Jammu and Kashmir Bank loan fraud case.
The agency took Imran into custody for questioning in connection with the illegal appropriation of the subsidy given to his company, Kehwa Square Pvt Ltd for setting up of a Controlled Atmosphere (CA) store, said the agency.
Imran was on Monday removed from Deputy Mayor post following a no-confidence motion moved against him by corporators of the Srinagar Municipal Corporation.
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