The case was registered against former Managing Director Abdul Qayoom Khan, ex-General Manager J Frankoi and former Director (Finance) Subash Chandar Sharma, a spokesperson of the SVO said.
Proprietors of timber supplier firms - Green Gold Timber Private Limited, Padana Kutch Gujrat and Abdul Gani Kichloo and Sons, Harnag Anantnag, Kashmir - were also booked following a verification, he said.
In the verification of the procurement of foreign timber for rehabilitation of cloudburst victims of Leh, it was revealed that during October-November 2010, the accused officials in connivance with the suppliers procured 92,000 Cfts of imported timber at "highly exorbitant" rates, he said.