JKNPP seeks probe into illegal, backdoor appointments in J&K Bank

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Jammu: Alleging politicisation of J&K Bank and its abuse by the rulers for furtherance of their political and economic interests, Harsh Dev Singh, JKNPP Chairman and former Minister lambasted the State’s largest financial institution for acting as a tool in the hands of corrupt politicians besides indulging in massive frauds and irregularities. Addressing media persons here on Sunday, Harsh said that during the past three years several thousands of backdoor appointments had been made in the various branches of J&K Bank without notifying advertisements for the posts or following the formal recruitment process. He said that there were reports that several candidates were illegally doled jobs in the said bank on the recommendations of the MLAs and ministers of the ruling clique at the cost of meritorious and deserving candidates who were covertly divested of the opportunity to compete.

Rumours were doing rounds that money worth 4-5 lakhs per candidate had exchanged hands to confer favours, Harsh rued. He said that with the post of Bank Chairman always going the Kashmir way, the Jammu youth continued to remain deprived in view of their gross neglect in the hands of a highly biased administration. Questioning the credibility of J&K Bank, Harsh divulged that earlier on several occasions the said bank had denied to supply information to the applicants under J&K RTI Act 2009 on the ground that the bank was not a ‘Public Authority’. He said that despite the State Government having 59 per cent stakes in the bank equity, it had never been accountable and transparent to the public. Singh demanded probe into all the whimsical and illicit back door appointments made by the J&K Bank in the last three years.

Urging upon the state Governor as well as the Reserve Bank of India to take cognizance of malpractices in the J&K Bank, Singh announced to hold protests outside J&K Bank Headquarters besides Reserve Bank in the coming days. Paramjit Singh Marshall State President Panthers Trade Union and Gagan Pratap Singh State Secretary JKNPP were also present in the press conference.

Source –  Jammu Links News

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