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The AFRC were under the impression that Ghana's wealthiest businessmen, of whom J. K. Siaw was the most prominent, must have acquired their wealth through corruption facilitated by the country's former leaders, including Lt. Gen. Akwasi Afrifa, Gen. Acheampong and Lt. Gen. Fred Akuffo, who were all executed.
The J&K Bank Officers Association and Traders' federations, though, supported the attempts by the state government to improve the transparency, accountability, fair recruitment policy and governance in J&K Bank. The anti-corruption bureau of J&K registered an FIR and made several raids including the ones at the corporate office of J&K Bank at ...
Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. [2] The Jammu and Kashmir Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh.
In June 2019, the Reserve Bank of India approved the appointment of Chhibber as interim chairman and managing director (CMD) of the Bank, following the removal of Parvez Ahmad from the post by the state government. [9] [10] He also served as the Chairman of J&K Grameen Bank an Indian Regional Rural Bank. He was elevated as the Executive ...
The Jammu & Kashmir State Vigilance Commission Act, 2011 reveals the formation of JKSVC under the section State Vigilance Commission Act, 2011 which indicates that the JKSVC was constituted on 15 February 2011 under Sub-Section-1 of Section 3, with the mandate to monitor, inquire or investigate the corruption under any Act of the Parliament or the Act of State Legislature of J&K. [6]
After 3 years, both banks were put into bankruptcy, a new nationalized bank was created and the assets of the two bankrupt banks and the bank accounts of local account holders were transferred to the new bank and the local depositors were made whole by stealing about $180 million of money belonging foreign depositors, who lost their entire savings.
In a 2013 article in Foreign Policy, Alex Cobham suggested that CPI should be dropped for the good of Transparency International. It argues that the CPI embeds a powerful and misleading elite bias in popular perceptions of corruption, potentially contributing to a vicious cycle and at the same time incentivizing inappropriate policy responses.
This is a list of the ministers who have served in John Kufuor's New Patriotic Party government during the Fourth Republic of Ghana. This government started on January 7, 2001, the first changeover between civilian governments in Ghana through the ballot box. Kufuor also won the 2004 elections and served his second term of office ending January ...