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Former J&K Bank chairman arrested in connection with illegal allotment of tender case

Former J&K Bank chairman arrested in connection with illegal allotment of tender case
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ACB arrests former JK Bank chairman in tender fraud case |

April 4, 2021 | Reported By : Aatif Qayoom Srinagar, Apr 03: Anti-corruption Bureau (ACB) Saturday arrested a former Jammu and Kashmir Bank chairman, Parvez Ahmad Nengroo in a housekeeping tender fraud case.   According to ACB spokesman, Ex-CMD, Jammu and Kashmir Bank has been arrested under FIR No (14/2020 of PS ACB Srinagar) in the matter of illegal allotment of tenders for housekeeping of M/S SILA The company which led to the loss of crores to the JK Bank. The spokesman also said, “The case pertains to the illegal allotment of tenders by Jammu and Kashmir Bank regarding housekeeping, to a Mumbai-based Company M/S SILA Solutions Pvt. Ltd by not following proper tendering norms as provided in the contract to the said firm despite not falling into th

ACB Arrests Former JK Bank Chairman

ACB Arrests Former JK Bank Chairman Parvez Ahmad Sources told news agency KDC that ACB arrested Parvez in connection with a case of awarding tenders of housekeeping to a Mumbai based Company M/s SILA Solutions Pvt. Ltd by not following the proper tendering norms, causing Rs. 6,29,56,575 loss to the Bank. Sources said that the case against Parvez and four others was registered last year in October on the allegation that the officers and officials of J&K Bank awarded tenders of housekeeping to a Mumbai based Company M/s SILA Solutions Pvt. Ltd by not following the proper tendering norms and that has led to the losses to the bank of the tune of Rs. 6,29,56,575 from the date of award of contract.

$ 82 32 Billion Growth in Global Online Home Decor Market 2020-2024 | Growth in Construction Industry to Drive Market

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Staffing Software Market Outlook 2021: Major Technology Giants in Buzz Again

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