{"id":18132,"date":"2019-06-09T21:31:48","date_gmt":"2019-06-09T16:01:48","guid":{"rendered":"https:\/\/kashmir.today\/?p=18132"},"modified":"2019-06-09T21:31:48","modified_gmt":"2019-06-09T16:01:48","slug":"nc-leader-justice-masoodi-demands-inquiry-into-recruitment-scam-at-jk-bank-says-removing-chairman-a-well-come-step-if-for-transparency","status":"publish","type":"post","link":"https:\/\/kashmir.watch\/?p=18132","title":{"rendered":"NC leader Justice Masoodi demands inquiry into recruitment scam at JK Bank, says removing chairman a well come step if for transparency"},"content":{"rendered":"<p><strong><em>PAMPORE, June 09:<\/em><\/strong><em> National Conference leader and parliamentarian from Anantnag parliamentary constituency, Justice (retired) Hasnain Masoodi demanded an inquiry into alleged &#8220;recruitment and loan&#8221; scam in State&#8217;s only listed company, The Jammu and Kashmir Bank limited.<\/em><br \/>\n<em>Masoodi who was on a visit to his constituency in Galander Pampore area told Sachnews Jammu Kashmir that for last two years the J&amp;K Bank was in news for alleged recruitment scam and granting loans to blue eyed persons.<\/em><\/p>\n<p><em>He termed the recent move of removing Parvez Ahmed from post of chairman and CEO as a good step for bringing transparency in the functioning of the financial institution.<\/em><\/p>\n<p><em>&#8220;If this will bring transparency in J&amp;K Bank then it should be welcomed,&#8221; he told Sachnews, demanding an inquiry into alleged recruitment scam and sanctioning of loans to some favourite persons who were close to previous government officials.<\/em><br \/>\n<em>&#8220;A time bound inquiry should be asked to probe the scams and those found guilty should be held accountable,&#8221; he said. He said that authorities should look into how the bank officials recruited 4000 candidates against a mere 1000 advertised posts.<\/em><br \/>\n<em>The bank officials pushed the competent youth to the wall only to favour candidates recommended by a particular political party.<\/em><br \/>\n<em>He told Sachnews that if the bank has around 6 and half thousand NPAs( non performing assessts) those responsible for this should be held accountable.<\/em><br \/>\n<em>He also demanded that huge sums of money sanctioned in loans to persons close to corridors of power should be recovered and the list of such defaulters should be made public.<\/em><br \/>\n<em>He urged up on authorities to restructure the bank so that it serves poor and weaker sections of society than to few influential persons.<\/em><br \/>\n<em>&#8220;The J&amp;K Bank is no more a poor man&#8217;s bank, it serves interests of a few influence yielding people&#8221;.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PAMPORE, June 09: National Conference leader and parliamentarian from Anantnag parliamentary constituency, Justice (retired) Hasnain Masoodi demanded an inquiry into alleged &#8220;recruitment and loan&#8221; scam in State&#8217;s only listed company, The Jammu and Kashmir Bank limited. Masoodi who was on a visit to his constituency in Galander Pampore area told Sachnews Jammu Kashmir that for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-18132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-union-territory"],"_links":{"self":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/18132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18132"}],"version-history":[{"count":0,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/wp\/v2\/posts\/18132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kashmir.watch\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}