J&K Bank illegal appointments case:Two former chairmen among 23 named in ACB chargesheet
Srinagar, Dec 23:
The Anti Corruption Bureau (ACB) of the Jammu and Kashmir Police on Monday
filed a charge sheet naming 23 people, including two former chairmen of the J
and K Bank, in a case related to illegal appointments, an official spokesman
The charge sheet
was submitted before the designated court here which fixed the next date of
hearing on January 27, 2020, he said.
said reliable inputs were received by the Anti-Corruption Bureau (ACB) which
showed that the Jammu and Kashmir Bank has created an “unprecedented and
illegal practice of making more than 3,000 back door appointments
clandestinely” including of relatives of the bank officials contrary to
rules and norms governing the subject.
An FIR was
registered at the ACB office in Srinagar and during the course of the
investigation, searches were conducted in June this year wherein documents
pertaining to the illegal appointments were seized from various sections of the
bank, he said.
record was scrutinised wherein it surfaced that from “the year 2011
onwards chairmen of the time had made around 2,500 back door appointments
illegally and fraudulently”, the spokesman said.
seized also necessitated a thorough probe to unearth this illegal appointment
scam so that corrective measures are taken by the bank to put an end to such
illegal practice, he said.
On conclusion of
the probe in the case, allegations were established against bank officials,
which included two former chairmen — Sheikh Mushtaq and Parvez Nengroo — and
other employees, the spokesman said. Nengroo was removed as J and K Bank
chairman suddenly this year by then governor Satya Pal Malik on charges of
two, the others included then vice presidents Mohd Ayoub Wanchoo and Fayaz
Ahmad Bhat, the then executives human resources Showkat Ahmad Bhat, Mohd Yahya
Rafiqui, Arshad Hussain Dar, Asif Iqbal Raja, Syed Irfan Latief, Parvaiz Ahmad
Baba, Mohd Maqbool Lone and Imran Mattoo and others, the spokesman said.
The ACB charge
sheet also names three retired officials of the J and K Bank, he said.
Five people, who
were benefitted in the process and provided employment, have also been named as
accused in the charge sheet, he added.