| Mehbooba Mufti criticizes J&K bank Chairman's ouster, NC welcomes | | | Early Times Report
Srinagar, June 9, 2019: Peoples Democratic Party President and former Jammu and Kashmir Chief Minister Mehbooba Mufti on Sunday criticized the ouster of Jammu and Kashmir Bank Chairman Parvez Ahmad Negroo, however National Conference welcomed the stop and demanded an enquiry into enquiry 'recruitment and loan' scam.
"The manner in which Chairman, J&K Bank was ousted is quite disconcerting was disgraceful to say at least. Discrediting an institution like J&K Bank will erode whatever the financial autonomy the state enjoys. Surely there are better ways to stop corruption," Mehbooba Mufti wrote on twitter.
However, National Confrence welcomed the step and demanded a probe into alleged ''recruitment and loan' scam.
"If this will bring transparency in J&K Bank then it should be welcomed," NC Leader and MP elect Justice (retired) Hussnain Masoodi told media
He said that a time bound inquiry should be asked to probe the scams and those found guilty should be held accountable. He said that authorities should look into how the bank officials recruited 4000 candidates against a mere 1000 advertised posts.
The bank officials pushed the competent youth to the wall only to favor candidates recommended by a particular political party, Hussnain Masoodi alleged.
On Saturday, Jammu and Kashmir Governor Satya Pal Malik's administration Saturday removed the chairman and managing director of J&K Bank, Parvez Ahmed and appointed the bank's executive president, R K Chhibber interim chairman.
Hours after Parvez Ahmad was removed, the J&K Anti Corruption Bureau raided the premises of the bank's headquarters ahead of a scheduled meeting of the board of directors.
Sources in the bank said that the raids were conducted on the second floor of the headquarters in Srinagar which houses the Human Resources department, and the chairman's office on the fourth floor.
In a statement, The Kashmir Anti Corruption Bureau said that they registered a case under the Prevention of Corruption Act based on a written complaint it received to look into allegations related to "illegal/fraudulent appointments made in JK bank."
"Immediately after registration of FIR, searches of premises of corporate office J&K Bank Head Quarters were conducted and during search operations documents/discriminatory material pertaining to the appointments were seized," said the ACB. |
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