JK Bank assures stern action against officials’ involved in fraudulent withdrawal of money

Srinagar: Responding swiftly to the news carried by GNS regarding fraudulent withdrawal of money from the customers’ accounts at the bank’s branch Dada Ompora since 2014, the Jammu and Kashmir Bank on Friday said that stern action will be taken against those responsible for it. In a statement issued here, the bank chairman Parvez Ahmed said that the bank has already put four of the suspected officials under suspension.

“The disciplinary proceedings have been initiated and the culprits will be dealt sternly according to the bank’s guiding framework, which is comprehensive enough to take care of all such acts of omission and commission,” he said.

The chairman further assured that the bank would be thoroughly investigating the matter to ascertain and verify the genuine claims of the customers and settle them to their entire satisfaction soon. “We assure our valuable customers that we are the custodians of their trust as well as their money and we will ensure the safety and security of both, said the chairman.

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