Thursday, Oct 1 2020 | Time 18:30 Hrs(IST)
image
  • SC rejects Gujarat govt notification exempting factories from overtime wages payment
  • IEC activities to rev up in Haryana to spread info about Corona curbing:Vardhan
  • Senate to legislate on US-India partnership in clean energy
  • ACB register case against JKB officials, Mumbai company for Rs 6 cr fraud
  • Amarinder orders end to night curfew, Sunday lockdown
  • Ex-Punjab mini Joginder Mann blasts SAD over blatant misuse of Sikh takhts
  • Bangladesh reports 1508 new COVID-19 cases, 21 deaths
  • Son of senior BSP leader, 3 others join BJP in UP
  • Siddaramaiah condemns UP police on arresting Rahul Gandhi
  • SIT records statements of family members of Hatras girl: family appeals for 'isolation'
  • CBI court convicts former Union Bank official, 3 others in Rs 6 19 cr bank fraud case
  • UP issues Unlock 5 0 guidelines: Durga Puja, Ramlila allowed
  • AIFF in coordination with IFA conducting all protocol ahead of starting Hero I-League from October 8
  • AIFF in coordination with IFA conducting all protocol ahead of starting Hero I-League from October 8
  • MoD, Economic Explosive Ltd ink deal for supply of 10 lakh multi-mode hand grenades
States » NorthPosted at: Oct 1 2020 6:19PM


ACB register case against JKB officials, Mumbai company for Rs 6 cr fraud

Srinagar, Oct 1 (UNI) The Anti Corruption Bureau (ACB) has registered a case against the officials of Jammu and Kashmir Bank (JKB) and proprietors of a Mumbai company for awarding contract not following the proper tendering norms thus causing a loss to the tune of more than Rs six crore.
A spokesman of the ACB said that an FIR was registered against accused Surjeet Singh Seghal, the then Executive President J&K Bank (now retired), Parvaiz Ahmad, the then Chairman of J&K Bank (now retired), Feroz Ahmad, the then Assistant Vice President; and Sahil Vora and Rishabh Vora, Directors of M/s SILA Solutions Pvt Ltd along with the residents of 508 Olympus Apartments 5C, Altamont Road Mumbai.
He said FIR was registered on the allegation that the officers and officials of J&K Bank Ltd awarded tenders of housekeeping to a Mumbai based Company by not following the proper tendering norms and that has led to the losses to the bank of the tune of Rs 6,29,56,575 from the date of award of contract.
He said the case pertains to allotment of tenders, for housekeeping of offsite ATMs, to a Mumbai based Company by not following proper tendering norms as provided the contract to the said firm despite not falling into the criteria of any such allotment.
Earlier, spokesman said, a verification was conducted by Anti Corruption Bureau Central into the matter wherein it was revealed that J&K Bank with HQ at Srinagar came out with a Pan India tender for housekeeping services in the year 2015.
However, J&K bank officials in contravention of tender conditions negotiated the rates with and awarded it to M/S SILA Solutions in gross violation of General Financial Rules (GFR).
He said the contract of M/S SILA Solutions amongst other conditions included ATM cleaning and deployement of janitors. The additional management fee awarded to M/S SILA Solutions by J&K Bank was not part of original tender. The loss on the account of the tender has worked out to be more than Rs 6 crore, he said adding the loss is likely to go up as investigation progresses.
He said in this connection, P/S ACB Srinagar Kashmir conducted search at the residential house of Feroz Ahmad Kaloo, Assistant Vice President J&K Bank Son of Mohammad Maqbool Kaloo situated at Mohalla Muma Khan (Kathidarwaza), opposite Psychiatric Hospital Rainwari Srinagar. Incriminating documents were seized during searches.
The investigation of the case is in progress, the spokesman said.
UNI ABS PS 1819
Tags: #ACB register case against JKB officials# Mumbai company for Rs 6 cr fraud
More News

Punjab police organises 'Yoga Over Webinar' program for its women officers

01 Oct 2020 | 6:23 PM

Chandigarh, Oct 1 (UNI) Aiming to make the Punjab Police personnel hale and hearty, Punjab Police organised ‘Yoga Over Webinar’ program for women police officers in collaboration with the Round Glass foundation.
This fitness program was designed to deal with stress problems especially in view of COVID-19 pandemic, a Punjab Police spokesperson said here on Thursday.

see more..

IEC activities to rev up in Haryana to spread info about Corona curbing:Vardhan

01 Oct 2020 | 6:23 PM

Chandigarh, Oct 1 (UNI) Haryana Chief Secretary Vijai Vardhan said Information Education Communication (IEC) activities will be accelerated in the state to make people aware about the containment of COVID-19 pandemic.

see more..

Two youths die by suicide in separate incidents in UP

01 Oct 2020 | 6:22 PM

Auraiyya, Oct 1 (UNI) Two youths died by suicide in the Bidhuna area here, police sources said on Thursday.

see more..

J&K journo dies of cardiac arrest, leaders condole

01 Oct 2020 | 6:22 PM

Srinagar, Oct 1 (UNI) Principal Secretary power and information Rohit Kansal and leaders of several political parties and media organizations expressed shock over the sudden demise of journalist Javid Ahmad working for for the Srinagar based "Rising Kashmir".

see more..

Punjab school bus operators demand waive off from all taxes

01 Oct 2020 | 6:21 PM

Chandigarh, Oct 1 (UNI) The School and College Bus Operators Association has demanded waiver in all forms of taxes from the Punjab and the Central Government, announcing that if their demands are not met, they will not only intensify their struggle but the keys to their buses will be kept with Punjab Chief Minister Capt Amarinder Singh.

see more..
image