K bank corruption: CBI questions former J-K finance minister Haseeb Drabu in Mumbai building case

The CBI Friday questioned former Jammu and Kashmir Bank chairman Haseeb Drabu in connection with a case related to the purchase of the bank’s office building in Mumbai in 2010 in which it is alleged that there was a loss of Rs 100 crore to the financial institution’s exchequer, quoting officials PTI reported.

The questioning of Drabu, a former finance minister of the erstwhile state of Jammu and Kashmir, was done by the CBI officials at their Srinagar office for seven hours, the report said.

There was no immediate reaction from Drabu as he did not reply to SMS and messages sent on his WhatsApp.

The CBI has alleged that the bank had entered into a deal for its branch office at the Bandra Kurla Complex (BKC) with Akruti Gold at a much higher rate than offered by other shortlisted builders causing a loss of over Rs 100 crore to the bank.