The J&Ok Bank has terminated the providers of a Chief Manager-rank officer for “the State’s security interests” and determined in opposition to holding any formal inquiry.
The terminated officer has been recognized as Chief Manager Sajad Bazaz, additionally a widely-read columnist on financial affairs and banking. He writes for the Greater Kashmir, an area day by day.
“It was determined that, given the State’s security interests, conducting an inquiry in the case of Sajad Ahmad Bazaz, Chief Manager, would not be deemed appropriate or advantageous. In view of this, Mr. Bazaz’s services as Chief Manager are hereby terminated with immediate effect,” a financial institution communication, quoting the Managing Director, mentioned.
It mentioned the Managing Director has expressed “contentment after evaluating the detailed account of the situation as presented in a report furnished by trustworthy agencies”.
Mr. Bazaz was posted within the Internal Communication and Marketing division of the financial institution. “His dismissal [was] in accordance with the prevailing rules and provisions,” it mentioned, whereas invoking Rule/Provision 12.29 of the Organisational Service Manual (OSM).
The motion, the financial institution mentioned, underscored the establishment’s dedication to sustaining its integrity and safeguarding the pursuits of the organisation and the State as a complete.
Mr. Bazaz is the primary such worker of the financial institution that has been sacked with out holding any formal inquiry.
Earlier, the J&Ok Government terminated round 50 authorities officers by invoking provisions below Article 311 (2) (c), which doesn’t require any trial or investigation by the division involved, besides for a report filed by the security businesses.
The J&Ok Government in April in 2021 constituted a Special Task Force (STF) for figuring out and scrutinising the federal government staff who’re concerned in any circumstances associated to posing menace to the nation’s security or concerned in anti-national actions.
Meanwhile, former Chief Minister and Peoples Democratic Party (PDP) president Mehbooba Mufti has questioned the transfer of the financial institution. “Selectively terminating Kashmiri employees by wrongfully dubbing them as terrorist sympathisers and pro-ISI has been normalised. The accused isn’t given a chance to prove his innocence with the government acting as judge and jury. This hooliganism is meant to frighten Kashmiris into submission,” Ms. Mufti mentioned, in a put up on X (previously Twitter).
