x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Making online user ID on IRCTC to soon become tougher | Vyas inaugurates Consultation on Child Centered Emergency Preparedness | Kumar takes stock of initiatives for developmental of Shahr-e-Khaas | Kargil coldest in Jammu and Kashmir at minus 6.2 degrees celsius, snow and rain likely | SC to hear plea challenging SIT clean chit to PM Narendra Modi on November 19 | Virat Kohli, Jasprit Bumrah remain on top of ICC ODI rankings | 40-year-old married Delhi man kills owl for black magic to attract woman he liked | Congress calls Dassault Aviation CEO Eric Trappier's interview on Rafale deal 'dictated and manufactured' | Tata Sons begins due diligence to buy Jet Airways: Report | Kashmiri youth resorts to violence due to rumours in colonies, mosques: Army chief | Pune co. illegally sublets STPs to PDP leader's son's firm | BJP vs BJP: Two file nomination for chairman in same MC | Govt silent on why MHRD didn't initiate release of funds for IIT Jammu | Contractor 'who transported LeT militants' to Kishtwar arrested | Failure to conclude search operation in Kishtwar claimed lives of Parihar brothers | MCC violation: Govt employees campaign for Panchayati elections | BJP openly violates code of conduct in lust of power | Bug of additional syndrome bites University of Kashmir as Professors, Officers given additional charge | GMC admin compromises safety guidelines, indulges in wasteful expenditure | Petition on un-electrified schools: SHRC issues notice to DSEK | Radicalization surging in educational institutions; authorities unmoved | 75 mtr bridge on Devak nallah in Purmandal misses two deadlines | Government's ODF scheme yet to reach Dhana village in Basohli | BVR Subramainam spends weekend working in Kashmir | Apprehending arrest, OGWs go underground in Dachhan | No check on mushrooming growth of coaching centres | BSF, Pak Rangers hold Sector Commander Level meet | 'Pak would have to pay a heavy price for truce violations, sniper attacks along LoC' | Transfer rules applicable for few departments in Valley | SKUAST-J holds 16th meeting of Board of Studies for Faculty of Agriculture | Residents of Sector-2 Channi Himmat hold meeting | JKAAA to conduct athletics competition for distt Kathua on Nov 14, 15 | Housing Board conducts draw of lots for allotting plots | 900 Shiv Sainiks to join Uddhav Thackeray at Ayodhya on Nov 25 | Chairman MC Vijaypur joins BJP | World Antibiotic awareness week commences | UBEA holds meeting, seeks change in office timings | JKGB organizes Going Digital Financial Literacy Camp | ABDPSS organises Bhandara | ESRM presents nukkad "Dharti Kahey Pukar Ke" | Painting competition on World Diabetes Day held | Two bank robbers held with stolen property | Sharma reviews JK's power scenario | Ruhjhuru Biradari mail held on 23 Nov | NCC Cadets of GDC Women shine at ATC Srinagar | 25 shooters flagged off for National Shooting Championship in Kerala | Kumar visit SMGS Hospital, takes appraisal of healthcare facilities | Confused DCC Kathua issues whip to BJP Councillors | Ganai chairs 79thSRTC Board of Directors meeting | Govt orders transfer, posting of two KAS officers | Govt constitutes Committees for implementation of AB-PMJAY Scheme | Chief Secretary reviews implementation of Land Records Modernization Programme | Sgr-Jmu highway: Traffic to proceed from Jammu | One more soldier martyred, another injured in sniper fire along LoC | Gen Rawat urges separatists to engage with interlocutor, rules out Govt-militants talks | PIL regarding better care of old age home | Mughal road closed as high altitude areas experience fresh snowfall | Kashmir braces up for widespread rain, snowfall | Attention: Candidates appearing in ACF Main Exam | Two get life imprisonment in murder case | For commencement of investigation in PC Act, permission must be taken by Magistrate: HC | Panchayat Polls-2018: CEO issues notification for Phase-8 | Kashmiri migrant pandit youths stage protest outside Raj Bhavan | Police foils PHE workers march to civil secretariat | Interstate gang of fraudsters involved in thefts, cheating busted | Bishnah Councillor among several social activists join BJP | '239 WSS to be completed by March 2019' | JKAEA calls on DG Accounts, raise pending demands | Advisor Sharma reviews functioning of Finance, allied Deptts | Family of three missing persons holds protest, block NHW for hours | Chairman J&K Bank calls on Advisor Sharma | Shopkeepers encroach footpaths in Mendhar | President, vice president of MCs Samba elected | Bar Association demands FIR against revenue official | Harsh Dev terms BJP rulers as 'Thugs of Hindustan' | SAKRS leaders visit Parihar family | State Roller Skating championship concludes | Jammu book fair inaugurated at Kala Kendra | DPS student wins position in gymnastics championship | DPS Nagbani organizes show and tell competition | Khalsa Club , Horizon Kings register wins in 7th Eid Diwali Milan Cricket Cup | DLL organizes coaching classes for NET/JRF | India needs to upgrade missile & other weapons | Enigma of Alienated Youth in Kashmir | Back Issues  
 
news details
Notorious "JAKFED" scam still unresolved
11/13/2017 11:04:05 PM
Ishtiyaq Ahmad

Early Times Report

Srinagar, Nov 13: The investigation conducted by various agencies in the embezzlement of Rs 300 crore detected by the House Committee of the J&K Legislative Council, in Jammu & Kashmir Cooperative Supply & Marketing Federation Limited (JAKFED), has still not been concluded to the logical ends.
Sources told Early Times that the big giants, bureaucrats and suppliers who are responsible for the scam, are creating hurdles in the investigation so that somehow they manage to move scot-free. "Normally the investigations are time bound so that the culprits are punished under law of the land. But it seems that in this case nobody is ready to punish the culprits," sources said.
Sources said that though recently the meeting was convened in office chambers of the Chief Secretary to decide the action required on a report concluded by the agencies, but the Vice Chairman of JAKFED who recently took over the reins of the corporation, surprisingly tried to defend and wanted to put a hold on any further step as was required under rule.
The meeting was attended by the vice chairman of JAKFED along his team of officers of the company. "Various senior bureaucrats where also present in the meeting and the report was tabled before the committee headed by Chief Secretary," sources maintained.
Sources said that the report suggested that the final course of action needs to be taken to apprehend the culprits, responsible for this scam and also arrest the trend of malpractice in the organization.
The embezzlement of Rs 300 crore was detected by the House Committee of the J&K Legislative Council in JAKFED and the government has on record said that appropriate action would be initiated against the culprits.
The government had said that 21 employees were allegedly involved in the embezzlement and that the timely action on the House Committee report was taken by the department.
Sources said that, Chief Secretary was approached to take further action after observing necessary legal formalities.
Sources said that the House Committee report was forwarded to the Vigilance Organization on May 29, 2015 for intimating whether there were any similarities in the findings of the House Committee. "However the Vigilance Organization had said that there is similarity in respect of the allegations and part of the period mentioned in the House Committee report," sources maintained.
Sources said that though the JAKFED organization has mandate to supply and market variety of products as per their constitution, but has moved beyond their set rules of working for survival. "The auditors have also in the past pin pointed the irregularities during their course of audit but nothing concrete was done to set right the findings," sources maintained.
It is to mention here that the State Government had ordered one man commission headed by K.B. Pillai (IAS) in Rupees 300 crore JAKFED scam, wherein Pillai had established fake movement of fertilizer and food grains and recommended the termination of those involved in the scam.
A report of this Commission was also tabled in the State Legislative Assembly over which the elected representatives had many times raised hue and cry.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU