Excelsior Correspondent
SRINAGAR, June 9: National Conference vice-president, Omar Abdullah today said steps taken to improve functioning of the Jammu and Kashmir Bank would be welcomed, but the administration must guard against playing politics with the financial institution.
“Any step taken to improve the functioning of J&K Bank will be welcomed but the administration must guard against playing politics with the bank. It’s called J AND K Bank for a reason. It’s not meant to be a trophy for regionalist politics,” Abdullah said in a tweet.
Meanwhile, former Chief Minister Mehbooba Mufti today said the manner in which Jammu and Kashmir Bank chairman Parvez Ahmad was sacked was “quite disconcerting” and “disgraceful”.
“The manner in which Chairman, J&K Bank was ousted is quite disconcerting. Was disgraceful to say the least. Discrediting an institution like J&K Bank will erode whatever little financial autonomy the State enjoys. Surely there are better ways to stop corruption,” Mehbooba wrote on Twitter.
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