Fayaz Bukhari
Srinagar, June 8: The Anti Corruption Bureau Kashmir today raided the headquarters of Jammu and Kashmir Bank at Srinagar to conduct investigations into the illegal appointments made in the bank. The raids were conducted soon after the Chairman of the Bank Parvez Ahmad was removed.
The sleuths of the ACB this morning raided the Jammu and Kashmir Bank Headquarters at TRC Srinagar amid tight security. Large number of police and para-military Central Reserve Police Force (CRPF) personnel were deployed outside the bank and as the raids inside the bank continued throughout the day.
Sources said that the ACB sleuths seized documents from the Bank Chairman’s office and from the office of Human Resource Section pertaining to appointments made in the bank for last few years and they also seized the records of the promotions and transfers in the bank.
They said that around 1,200 appointments were allegedly made at the behest of politicians in the bank during last several years including during the tenure of Parvez Ahmad, who was appointed as Chairman in 2016. The ACB besides seizing the records sealed the Chairman’s office.
There were also allegations of the Bank giving loans to the firms without verifying their credentials which has led to large numbers of bad loans. It is alleged that the sanction of these loans involved large scale corruption.
Anti Corruption Bureau Kashmir this evening in a statement said that a case has been registered under Prevention of Corruption Act on outcome of a written complaint received in ACB headquarters to look into the allegations related illegal and fraudulent appointments made in the Bank.
“Since the allegations reflected in the complaint disclose commission of criminal misconduct by officers/officials of J&K, bank which constitute offence under Section 5(1)(d) of Prevention of Corruption Act Samvat-2006 and punishable under Section 5(2) of the Act, case FIR No. 10/2019 was registered in P/S Anti Corruption Bureau Central Kashmir Srinagar and investigation was taken up”, the statement said.
It added that immediately after registration of FIR, searches of premises of Corporate Office of the Bank Headquarters was conducted. “During search operations, documents/discriminatory material pertaining to the appointments were seized. Further investigation is going on”, the statement said.
Follow our WhatsApp channel
