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| J&K Bank says no to transparency, brutally rejects RTI application | | | Early Times Report
Jammu, Sept 9: Rejecting an application filed under Right to Information Act, Jammu and Kashmir Bank (JKB) has stated that being a private sector bank, it is not covered under the provisions of the act and hence, cannot share any information.
The application had been filed by RTI activist Raman Sharma. The activist had sought detailed account of appointments made by Jammu and Kashmir bank for last two years, amount of money spent by bank under corporate social responsibility, name of the bank defaulters and their guarantors having liability of more than Rs. 50 Lakh.
Instead of providing information to the applicant, bank refused to share any information with the applicant. They rejected his application and sent him a rejection letter dated June 24, 2011 signed by Vice-President, Law. Bank while referring to application of Raman said that J&K Bank Limited like other private sector banks does not come within under the purview of Right to Information Act 2009.
It added that J&K Bank is not 'Public Authority 'as defined by Right to Information Act and hence, cannot consider request. "Non-Judicial Stamp Paper No. 565187 for Rs. 50 enclosed by you with your application is returned herewith in original." Contesting the argument of the bank, the applicant and RTI activist Raman Sharma has approached State Information Commission and presented his case in writing.
Raman has contended that under section 2 (f) of J&K RTI Act-2009, any institution owned, controlled or substantially financed by the government is deemed to be a public authority and as such, it cannot seek immunity from RTI Act. He has argued that majority ownership of J&K Bank vests with the state government i.e. more than 53 percent shares and hence, it is absolutely clear that the J&K Bank is owned by the state government.
It is also known fact that the Bank is controlled by the government as various office bearers of the Bank including Chairman are appointed by an order of state government. The bank was established in the year 1938 under the regime of the then Maharaja of the state by an order. And it is also a known fact that an initial fund to raise this bank was given by the regime of the Maharaja"
It is worth to mention here that if the J&K Bank is private sector bank, why state government is doing unnecessary favour to this private company as salaries, pensions and government subsidies all are disbursed through this private bank. All funds of various department are kept in this private sector bank. |
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