It’s called JK bank for a reason, not meant to be a trophy for regionalist politics: Omar

Srinagar: Asserting that any steps taken to improve the functioning of Jammu and Kashmir bank will be welcomed, former J&K chief minister Omar Abdullah, however, said the administration of the day must guard against playing politics with the bank.
Mr Abdullah, who is the Vice President of National Conference (NC), said it is called Jammu and Kashmir bank for a reason, and it is not meant to be a trophy for regionalist politics.
“Any steps taken to improve the functioning of J&K bank will be welcomed but the administration of the day must guard against playing politics with the bank. It’s called J AND K Bank for a reason. It’s not meant to be a trophy for regionalist politics,” Mr Abdullah wrote on micro-blogging site twitter.
The comment by Mr Abdullah comes in view of Governor Administration removing chairman and Chief Executive Officer (CEO) of Jammu and Kashmir Bank (JKB) Pervez Ahmad and appointing R K Chibber, Executive President of the bank.
The officials of Anti-Corruption Bureau, which is looking into allegations of fraudulent appointments in the Jammu and Kashmir Bank, on Sunday again raided the financial institution’s corporate headquarters here.
On Saturday, the ACB raided the financial institution’s corporate headquarters here soon after Mr Pervez was removed as the chairman of the bank.