Srinagar, June 15 (TIWN) The Jammu and Kashmir Anti-Corruption Bureau (ACB) on Saturday registered an FIR against Deputy Mayor Sheikh Imran, officers of J&K Bank and government officials for misappropriation of subsidy worth crores of rupees to illegally benefit Sheikh's firm, Kehwa group.

The J&K income tax department Tuesday raided eight premises belonging to Imran’s company, the Kehwah group — six in Srinagar and one each in Delhi and Bengaluru. Imran is a member of the Sajad Lone-led People’s Conference party.