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Bunglings worth crores in J&K Cooperative Housing Corp: SAC issues notice to Minister
5/12/2012 12:04:17 AM
Early Times Report
jammu, May 11: In a complaint filed by Farooq Ahmed Dar of Kashmir and Sunil Sharma of Jammu, State Accountability Commission (SAC) has issued notices to Cooperative Minister, Manohar Lal Sharma, Cooperative Commissioner Abdul Hamid Wani and Registrar Cooperatives, Mohammad Abbas. In the complaint, it has been alleged that an enquiry was got conducted by the Minister in J&K Cooperative Housing Corporation which allegedly revealed that bunglings/embezzlements worth Rs 5,000 cr had been committed by the former Managing Director of the Corporation, Brij Mohan Sharma and present Managing Director Bharat Bhushan.
It was alleged that the two Managing Ddirectors along with Assistant Registrar Cooperatives, Mohammad Shafi Dar had misappropriated crores of rupees, but no action was taken against them by the Minister due to the fact that a "higher up" was allegedly given bribe and a piece of land by them.
It was also alleged that Dar, who was under suspension for the last five years due to his alleged involvement in the multi-crore scam, was reinstated by the Registrar Coopertaive Department at the behest of the Minister.
The complainant alleged that in Jammu Central Cooperative Bank Limited, there was misappropriation of Rs 259 cr. It was also alleged that about 600 illegal backdoor appointments had been made in the banks allegedly at the behest of two Ministers.
It was alleged that Arun Bakshi, retired Managing Director of Jammu Central Cooperative Bank Limited, Jammu, was still interfering in the bank's operations.
SAC chairperson, Justice (retd) YP Nargotra and member, Justice (retd) Hakim Imtiyaz Hussain (retd) observed that a case already stood registered in the matter with the Vigilance Organization. Prima-facie it appears that gross irregularities have been committed by the officers of the Corporation and the Minister for Cooperative Department had failed to exercise effective control over the functioning of the Corporation.
On consideration of the matter, SAC found a prima-facie case was made out for regular inquiry against Manohar Lal Sharma and officers named in the complaint.
SAC then issued notice to the respondents for their appearance in person or through advocate and reply within three weeks.
SAC also asked the Vigilance Organization to inform the commission about the present status of the case registered in the matter.
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