x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   ULB, Panchayat polls set to revive grassroots democracy in 2026 | From the Window of a Public Health Professional: Health at the Crossroads in a Shifting Global Order | LG Sinha extends New Year greetings | Bring in the girls: Reimagining STEM education in India through Gender Diversity | The Silent Killer - spitting and public health risks | Jammu Stands Tall | Don’t judge people by caste, wealth or language: RSS Chief | ‘Operation Sindoor’ established India’s new normal in counter-terror response | In 2025, NIA notches many milestones | Ensure uninterrupted connectivity in Ladakh's remote areas: LG Kavinder | Security HQ organised Annual Award Function | SSP Joginder Singh, briefs media on overall crime position at DPL Jammu | NFR introduces new time table with enhanced connectivity and passenger-centric initiatives | Samba police nabbed drug peddler with 9.80 grams heroin like substance | 34th Union Territory Level Security Committee Meeting for the of J&K held | Punjab admin goes digital: Govt knocks at citizens’ door in 2025: Aman Arora | No force could withstand Ayodhya's valor, pride, and strength: CM Yogi | Awareness programme on 'Child Marriage Mukt Bharat' held in Kishtwar | Major step towards dignified life for persons with disabilities: Over Rs 371 crore released as financial assistance: Dr Baljit Kaur | Mata Vaishno Devi Shrine Board committed to enhancing facilities for pilgrims, says CEO | Fresh snowfall blankets Kashmir's higher reaches amid unusually warm winter | Yogi government to give ten major gifts to the people of the state in 2026 | Ensure timely cleaning of all drains before the monsoon - Chief Minister | Back Issues  
 
news details
‘Former JKSFC MD appointed 6 officers to secure son’s future’
10/21/2020 12:41:57 AM
Avinash Azad

Early Times Report

Jammu, Oct 20: Former Managing Director of the cash-starved Jammu and Kashmir State Financial Corporation (JKSFC) appointed six officers in the corporation allegedly to secure a job for his son.
“The MD for his vested interest engaged several officers, including his son, at the pretext of reviving the corporation. Within one month of confirmation of his service the son of the former MD was sent on deputation to Power Development Corporation (PDC),” sources told Early Times. They said, “The JKSFC, which is already facing financial constraint due to the corporation being mismanaged, engaged seven officers, including Assistant Account Officer, Techno Economic Analyst (TEA) and Small Branch Officer on contractual basis at a consolidated pay of Rs 18,000 per month. The appointments were made on management’s plea for revival of corporation, but the process proved fishy, when former MD’s son was sent on deputation to another corporation.”
“The Techno Economic Analyst (former MD’s son) was getting the maximum salary compared to his counterparts in the corporation,” sources alleged, adding that the record divulges that the services of four out of six officers were confirmed by the management just after they completed one year.
“On February 2, 2013, vide order number SFC/PS/24/13-1231, services of two TEAs, Ahzaz Ahmad Shah and M Naseer-U-Zaman, SBO Vinod Chouhan and AAO Mohammad Iqbal Makeyee were regularised”, sources said.
However, challenging confirmation of services of four officers, sources said that it was an eye wash by the then MD to adjust his son in another corporation. “All these officers were engaged on contractual basis for one year instead of 2-year probation period. The former MD used a shortcut method to pave the way for his son’s entry into the PDC,” the sources claimed.
They said “The anti-graft agencies, including Anti Corruption Bureau, should take a serious note of this job scam and conduct a probe.”
Rajesh Shavan, MD JKSFC, when contacted said that he would take
appropriate action in the case. “I have not joined my new assignment yet, but I will take the matter to its logical conclusion,” he added.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK 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