Jammu, Nov 7:Some of the corrupt J&K Bank employees have played an active role in looting public money by sanctioning huge amounts as loan to some influential people, who took loan of crores, but didn’t return the same to bank.
Lt Governor led administration should deal strictly with fraud people involved in Bank scams besides recovering money from them.
Most of the loans were sanctioned under the patronage of some political leaders and former bank Chairman.
Pertinent to mention here that some i have declared their business establishments as non-performing assets also.
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