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Vigilance sleuths raid J&K Bank headquarters after chairman Parvez Ahmad’s removal

The sleuths raided the bank’s corporate headquarters at MA Road in Srinagar soon after the state government dismissed Ahmad and appointed executive president RK Chibber as the bank’s interim chairman.

Vigilance sleuths raid J&K Bank headquarters after chairman Parvez Ahmad’s removal

Minutes following removing Parvez Ahmad because chairman of the Jammu and Kashmir Bank, state vigilance firm sleuths Saturday spanned the standard bank’s company headquarters at Srinagar, officers mentioned.The vigilance firm was searching for recordings of almost 1,200 appointments supposedly manufactured in the behest of governmental leaders of their prior PDP-BJP administration at their state and also throughout Ahmad’s tenure, ” they mentioned.The sleuths raided the bank’s company headquarters in MA highway at Srinagar so on after their state administration ignored Ahmad and appointed executive order president RK Chibber whilst the bank’s interim chairmanthe officials mentioned.”Parvez Ahmad,” chairman-cum-managing director, will discontinue to function as director on the Board of Directors of their bank and also thus be nolonger the chairman-cum-managing director of the board,” an arrangement issued by extra Secretary, Finance,” Vishal Sharma explained.The arrangement mentioned Chibber was appointed as the interim chairman along with also the director in the Board of Directors of their Jammu and Kashmir Bank.”RK Chibber is nominated because the director onto the board and can be farther appointed since the interim chairman cum handling director of this board,” the purchase .

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