Apathy: Retired employees still hold office in JK Cements

Home » Kashmir » Apathy: Retired employees still hold office in JK Cements

By Fast Kashmir on 28/11/2017.

Apathy: Retired employees still hold office in JK Cements

Srinagar, Nov 27: Due to mismanagement in Jammu and Kashmir Cements Limited, the superiors are not only giving legal extensions to retired employees but they don’t also bother to put the Corporation on tracks which has been suffering huge losses for last four years while according to reliable sources the liabilities of the Corporation has gone up to Rs 150 crore.

The men who are at the helm of affairs in Jammu Kashmir Cements Limited have been extending the services of blue eyed retired employees. These measures have complicated the situation and according to disgruntled employees, the Corporation has been going from bad to worse.
“We fail to understand why the formal order issued by Industries and Commerce Department was violated and illegal extensions were given to blue-eyed employees,” said a group of employees from JK Cements Limited to news agency CNS.

Latest reports said that illegal extension was given recently to two retired employees Qaiser Wani and Sushil Hakroo.
General Manager Qaiser Wani is stil performing his duties despite attaining superannuation in October last month. “No, his service has not been extended and yet he is enjoying the same powers illegally and even
put signatures as General Manager on various documents.

Loading...

Despite clear orders from the Industries department that he should not exercise financial powers, he is right now enjoying the same.
A formal government order vide number. IND/JKCL/12/2010 dated 22-07-2014) of Industries Department reads: “Q A Wani, FA/CAO should not be given any responsibility which entails exercise of Financial Powers since he as Manager Finance has acted carelessly and released on account payment without following due procedure i.e. having failed to obtain the approval of Managing Director.”

Retired as Personal Secretary to Managing Director J&K Cements Ltd early this year, another employee Sushil Hakhoo is still enjoying the same powers without any extension.
Sources said that son of an former Manager Finance Sandeep Razdan has also been given illegal extension.
The concerned officials declined to comment on the issue. (CNS)