Srinagar, Oct 4: The J&K Peace Forum on Saturday alleged what it termed the biggest banking fraud in Jammu and Kashmir’s history, claiming that loans were sanctioned by J&K Bank against rent agreements executed in the names of tenants occupying temple lands and other religious properties.

In a press statement, the J&K Peace Forum said that it has blown the lid off what could be the biggest banking fraud in the history of Jammu & Kashmir – loans sanctioned by J&K Bank against mere rent agreements, using the names of tenants occupying temple lands and religious properties.

“This is not banking negligence – it is an organized loot of public money,” said Satish Mahaldar, Chairman of J&K Peace Forum, who has already placed irrefutable evidence before the Court and relevant authorities.

The

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