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Nepotism galore in State Corporations
Engaged for Corporation's revival, MD's son's service confirmed in first year; sent on deputation
12/1/2013 11:30:00 PM
Avinash Azad

Jammu, Dec 1: In yet another example of nepotism in State Corporations, son of the Managing Director, Jammu and Kashmir State Financial Corporation (JKSFC) not only engaged his son, but within one month of confirmation of his service, sent him on deputation at Power Development Corporation (PDC) eyeing greener pasture.
Well placed sources informed Early Times that facing financial constraint, owing to mis-management for years, the understaffed JKSFC engaged seven officers including Assistant Accounts 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 son of MD, one of the appointees was sent on deputation to another Corporation", the sources said.
According to documents, provided by corporation under RTI Act, TEA, M Naseer-U-Zaman son of MD, JKSFC, SA Makroo, was engaged on higher salary as compared to his counterparts in the corporation. The documents divulged that the services of four out of six officers were confirmed by the management On February 2, 2013, under order number SFC/PS/24/13-1231, which included two TEAs, Ahzaz Ahmad Shah and M Naseer-U-Zaman, SBO Vinod Chouhan and AAO Mohd Iqbal Makeyee.
However, terming the confirmation as an eye wash by MD to adjust his son in another department, the sources said that these officers were engaged on contractual basis for period of one year, if their services were satisfactory, for their confirmation, they have to work two years on probation but using shortcut the MD who was creating space for his son in PDC, had confirmed the services of four officers including his son within one year. Astonishingly, engaged for strengthening SFC, TEA, M Naseer-U-Zaman was sent on deputation.
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