47 Former J-k Legislators Fail to Repay House Building Advances, Resulting in Rs 570 Lakh Loss to Government Exchequer

47 Former J-k Legislators Fail to Repay House Building Advances, Resulting in Rs 570 Lakh Loss to Government Exchequer

Asif Iqbal | December 18, 2023 | 06:43 PM IST | Jammu Kashmir | Follow on Google News

47 Former J-k Legislators Fail to Repay House Building Advances, Resulting in Rs 570 Lakh Loss to Government Exchequer.image/KL

47 Former J-k Legislators Fail to Repay House Building Advances, Resulting in Rs 570 Lakh Loss to Government Exchequer

Reports in the media indicate that 47 former members of the 12th Jammu and Kashmir Legislative Assembly, which includes the Chief Minister, Deputy Chief Minister, and Cabinet Ministers, have been unable to repay the house building advance provided by the House Secretariat several years ago.

The failure to repay has resulted in a significant loss of Rs 570 lakh to the Government exchequer. Surprisingly, despite existing rules, authorities have not taken any steps to recover the funds. The Housing Loan (to members of the Jammu and Kashmir State Legislature) Rules, 1988, established by the then-Governor, granted members a Rs 5 lakh loan for home construction.

Similarly, the Motor Car Advance (to Members of Jammu and Kashmir State Legislature) Rules, 1987, allowed members who did not receive the eligible car advance to qualify for a housing loan of Rs. 10 lakhs under certain conditions.

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The rules mandated that the loan balance and interest be repaid in a maximum of sixty monthly installments from the members’ salary bills. If the balance plus interest is not settled during the member’s term, the rules specify that the number of installments should be adjusted to ensure a total of 60.

Additionally, if the member does not receive a pension under the Jammu and Kashmir State Legislature Members Pension Act, 1984, the recovery will be made from their legal heirs and successors.

Despite availing themselves of house-building advances with an annual interest rate of 4 percent and providing personal guarantees, the 47 former members have failed to complete their house-building projects within the stipulated deadline outlined in the Rules.

This information was disclosed by Qazi Mushtaq Ahmed, the J&K Legislative Assembly Secretariat’s Central Public Information Officer (CPIO), in response to an application filed under the Right to Information Act, 2005, by Advocate Sheikh Shakeel Ahmed.Among the former MLAs who have not repaid the Rs 20 lakh house building advance are prominent figures such as Dr Nirmal Kumar Singh, Mushtaq Ahmad Shah, Nazir Ahmed Gurezi, Mubarak Gul, Mohammad Khalil Bandh, Er Abdul Rashid, Neelam Kumar Langeh, G M Saroori, R S Pathania, Aijaz Ahmed Mir, Mumtaz Ahmed Khan, Abdul Majid Larmi, and Mohammad Amin Bhat.

Similarly, others who failed to clear the Rs 10 lakh advance include Sheikh Ishfaq Jabbar, Noor Mohammad Sheikh, Kuldeep Raj, Javed Hassan Baig, Abid Hussain Ansari, Gulzar Ahmad Wani, Ch Mohammad Akram, Abdul Rahim Rather (Kokernag), Sunil Kumar Sharma, Dina Nath Bhagat, Asiea Naqash, Daleep Singh, Altaf Ahmad Wani, Bali Bhagat, Molvi Imran Raza Ansari, Abdul Majid Padder, Syed Basharat Ahmed Bukhari, Mohammad Ashraf Mir, Usman Abdul Majid, and Haji Abdul Rashid Dar.

Members who have not repaid the Rs 5 lakh house building advance include Mohd Yousuf Tarigami, Ch Lal Singh, Abdul Rehman Veeri, Aga Syed Ruhullah Mehdi, Javed Ahmad Rana, Mohammad Akbar Lone, Ch Zulfkar Ali, Shamima Firdous, Vikar Rasool Wani, Mehbooba Mufti, Abdul Haq Khan, and Ch Sukhnandan Kumar.

In response to these revelations, PDP President Mehbooba Mufti clarified that she has cleared all dues, including the interest accrued on the House and Building Advance issued in her favor, countering reports suggesting otherwise.

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Asif Iqbal

Asif Iqbal is a seasoned news writer with a passion for delivering the latest updates to the public. Currently serving as the senior writer at VoM News, a prominent news outlet known for its comprehensive coverage of diverse topics, Asif has established himself as a reliable source of information. With a keen eye for detail and a knack for storytelling, he consistently provides readers with well-crafted articles that cover a wide range of news categories. His dedication to journalistic integrity and his commitment to staying ahead of the news curve make him an invaluable asset to Vom News, ensuring that readers are always well-informed on the issues that matter most. You can find his work and stay updated on current events by visiting vomnews.in.