JK Bank stops salaries of 2800 employees, ACB to blame?

Date:

Straight Line News Network

Jammu, June 30: Jammu and Kashmir Bank has stopped June’s salary of about 2800 employees who were recruited in the last six years.

Top official sources informed a news agency that the salary has been stopped of those employees whose name has figured in the documents related to the investigation being carried by Anti-Corruption Bureau (ACB).

“This is not our decision actually. It is related to raids of ACB sleuths at J&K Bank Corporate office when they took possession of some files last year. We approached Anti-Corruption Court and sought photocopies of those files. The court accepted our request and issued an observation that salary of these employees should not be withdrawn,” he said.

The official sources of J&K Bank informed that they are approaching High Court for release of the salary of these employees. Scores of the employees informed a news agency that it has created panic among the employees who fear it as a step towards their exit from the bank. On June 10 last year, following the allegations of fraudulent appointments in J&K Bank, ACB searched for documents at corporate offices related to it.

During the raid, the ACB officials had checked the files and documents related to appointments made by the bank in recent years.

An official of the Bank said, “Presently we are not able to release their salary but there is no worry, we are following it, we have already approached court and are sure that the issue will be sorted out within days”.

Vice President J&K Bank Ltd. Farooq Ahmad Law while talking to a news agency admitted that the employees have not received their salaries. (AGENCIES)

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