New Delhi, Jan. 17 -- In connection with a bank fraud case to the tune of Rs. 177 crore, son of National Conference leader and former Finance Minister Abdul Rahim Rather, Hilal Rather, has been arrested by the Anti-Corruption Bureau (ACB) in Jammu and Kashmir.
Abdul Rahim Rather, Hilal's father served as the Finance Minister of the erstwhile state of Jammu and Kashmir in 2012 when the loan was taken from the bank.
An ACB spokesman stated, "Hilal Rather was arrested by the Anti-Corruption Bureau (ACB) Jammu today (Thursday, January 16) in a case related to the alleged misappropriation of crores of rupees from the term loans running into Rs. 177 crores sanctioned by Jammu and Kashmir Bank for his ambitious township project known as Paradise...