Former Speaker an NC MLA Akbar Lone alleged that Speaker Kavinder Gupta and Deputy chief minister Nirmal Singh are major among major defaulters of J&K Bank
Speaking to reporters he said even J&K Bank officials aare working in connivance with ruling coalition government leader and even appointments are being made on political consideration. He alleged about 2500 appointments have been made in the bank illegally
Akbar lone said he had information that many influential leaders of the PDP and BJP are major defaulters. He said he sent short duration notice to give information about defaulters in the House, but , the Speaker didn’t allow it for two consecutive days and rejected it .
He said it’s peoples’ money but the way NPAs are being created there is a possibility that J&K would bust.