SAC Initiates inquiry into multi-crore scams during NC regime

Jammu, Feb 23 (UNI) THe Jammu and Kashmir State Accountability Commission (SAC) has initiated a formal Inquiry into a complaint alleging large-scale irregularities and misappropriation of funds, in various projects during the National Conference regime.

Taking cognisance of the complaint of a corporater, SAC chairman, Justice R P Sethi (retd), yesterday directed former chief secretary Ashok Jaitley and chairman of the Jammu and Kashmir Bank Muhammd Yousuf Khan to either appear in person or through their counsel.

Justice Sethi ordered both officials to file their replies in a complaint wherein it has been alleged that they awarded the work of Baghlihar hydro electric project and renovation of residence of VIPs without inviting tenders and allowed the conversion of Srinagar National Park into a golf course.

The complainant further mentioned that in the year 2000, the then vigilance commissioner also passed strictures on both the officers.

According to the sources, Justice Sethi perused on the report of Central Vigilance Commissioner (CVC) sent to the accountant general, Jammu and Kashmir.

In his report, which was relied upon by the complainant, CVC reportedly observed that there was no rule of law in Jammu and Kashmir. The former chief secretary and chairman of the Jammu and Kashmir Bank were stated to be guilty of looting the state exchequer by distributing largesse, making illegal appointments, providing seats in professional colleges, especially medical.

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