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Regional National Conference, on Saturday, suffered another setback as Hilal Rather, son of veteran party leader and former Finance Minister Abdul Rahim Rather joined Peoples Conference (PC) led by the separatist-turned-mainstream politician, Sajjad Lone. This comes days after Devendra Singh Rana, the party’s face in Jammu, a close confidant and friend of the party vice
JAMMU: The Jammu and Kashmir High Court on Tuesday granted bail to Hilal Rather, son of a former National Conference minister, in a Rs 177 crore bank fraud case. Hilal, son of former finance minister Abdul Rahim Rather, was arrested by the Anti-Corruption Bureau (ACB) on January 17 for his alleged involvement in misappropriation of crores of rupees from the term loans sanctioned by J&K Bank for his ambitious township project known as Paradise Avenue at Narwal Bala, Jammu in 2012. The case was later taken over by the CBI. Hilal was granted bail by Justice Iqbal Wani on surety bond of Rs five lakh with a direction to surrender his passport and not to leave Jammu and Kashmir, a court official said. The CBI took over the probe against Hilal in March and a special court subsequently refused to grant him interim bail, rejecting his fears of contracting COVID-19 and noting that he was “more at risk outside the prison”.
NC leaderâs son gets bail in Rs 177cr bank fraud case after nearly year-long detention
JAMMU: The Jammu and Kashmir High Court on Tuesday granted bail to Hilal Rather, son of a former National Conference minister, in a Rs 177 crore bank fraud case.
Hilal, son of former finance minister Abdul Rahim Rather, was arrested by the Anti-Corruption Bureau (ACB) on January 17 for his alleged involvement in misappropriation of crores of rupees from the term loans sanctioned by J&K Bank for his ambitious township project known as Paradise Avenue at Narwal Bala, Jammu in 2012.
The case was later taken over by the CBI.