Urges ACB to register case, investigate the matter
Precious Kashmir News
Srinagar, June 7: Bharatiya Janata Party on Sunday alleged that fresh loan scam of Rs 5 crore has emerged in J&K Bank. The party has urged the Anti-Corruption Bureau to register a case and act against the accused.
In a statement BJP’s J&K spokesman Altaf Thakur said, “In a shocking revelation, a whopping Rs 5 crore loan scam has come to fore in Barzulla branch of Jammu and Kashmir bank and the BJP’s J&K unit makes a fervent appeal to the Anti Corruption Bureau to register a case against all those involved in the scam.”
Thakur demanded stern action against the J&K Bank employees involved the scam. “I am shocked to see the documents that reveal a wife of an ex-MLA had managed to get Rs 5 crore loan in the month of May last year from J&K Bank Branch Barzulla Srinagar. Surprisingly, she had kept nothing as mortgage neither was there any guarantor which is against the violation of loan rules,” Thakur said.
What is more shocking, Thakur said, is that in the month of September last year, things were cleared for the borrower not to paying back the loan amount. “Bank rules were flouted brazenly and the reality is that there is no evidence as to why the loan was sanctioned in the favour of the loanee as she had no business unit or a genuine case to seek such a huge amount for loan,” the BJP leader said. He said that irony is that when the scam took place, Pervez Ahmed, the sacked chairman of J&K Bank was heading the institution and the only action he tool was that he attached the zonal head with the headquarters and no action was taken against the person in whose favour the loan was sanctioned.
Thakur said, “This seems to be a tip of the iceberg in J&K Bank scams. We urge the Anti Corruption Bureau to register a case and reach out to bottom of it to find out how rules were violated to appease one particular person. I hope ACB will take note of the issue instantly.”
