Tarigami welcomes probe against ‘corruption’ in J&K Bank

Communist Party of India (M) senior leader Muhammad Yousuf Tarigami Tuesday welcomed the probe against “corruption, nepotism and favouritism” in Jammu and Kashmir Bank, calling the step “better late than never.”

“We had been maintaining for last several years thatfraudulent recruitment exercises were going on in the bank and huge loans weresanctioned to the kith and kin of influential persons in violation of laiddownnorms,” Tarigami, in a statement said.

   

“We had been demanding transparency in the functioning ofthe Bank and that is why we demanded that it should be brought under the ambitof legislature and Right to Information Act (RTI),” he said.

Tarigami said, “The ambit of the present probe should not belimited to last three or four years only, it should be widened and if anywrongdoings happened in the previous governments that too should be probed, andresponsibility fixed.”

“We hope the Anti-Corruption Bureau (ACB) will take theprobe to its logical conclusion and all those found guilty of wrongdoings arepunished,” Tarigami said.

“We also hope that the probe will be time-bound and all theinvestigations are put in the public domain.”

“The selection process of appointing a new chairman and MDmust be carried out in transparent manner so that the new management iscompetent, professional and honest to provide all requisite services to thepeople and business community of the state,” he added.

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