J&K Bank raids: How a complaint on illegal appointments opened a can of worms

New Delhi, June 10: The Anti Corruption Bureau has found large scale irregularities during the raids it conducted at the corporate headquarters of the Jammu and Kashmir bank.

Irregularities were found in matters of appointments, finance and loans, informed sources tell OneIndia. On Saturday Parvez Ahmad Nengroo was moved as the chairman cum managing director of the bank. The Home Ministry has decided to split this post. R K Chibber, who was the executive president of the bank has been appointed interim CMD.

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