Jammu and Kashmir Bank on Saturday has sacked a Chief Manager Sajad Ahmed Bazaz code 4484 for being threat to State.
The banker who is allegedly having links with terrorists and ISI and his activities were threat to security of State.
The decision has been taken in view of the allegations against Bazaz that he is a threat to the security of the state. Bazaz was working as the Chief Manager in the bank. The Managing Director of the bank said in an order, “After considering the facts and circumstances in the reports received from reliable agencies, the activities of Sajad Ahmad Bazaz, posted in the Internal Communication and Marketing Department of the Bank, are subject to the provisions of OSM (Officers Service Manual) Rules/Provisions 12.29 deserve to be dismissed from service under Rule/ Provisions and it was considered not expedient to hold an enquiry in this case.
The current bank management appeared to be unaware that Bazaz was one of Pakistan’s most important assets, secretly working for ISI and terror outfits.” Following the repeal of Article 370, top investigators were probing the link of deep ISI assets within the terror ecosystem when his name came up. They were in for some surprises after a month of painstaking investigation. According to the investigators, Bazaz, who was born in Batamaloo Srinagar, was planted in J&K Bank by Pakistan ISI in 1990 by a backdoor appointment as a Cashier-cum-Clerk. “In 2004, he was given a sudden promotion to a position that was highly suspicious, but it did not raise any eyebrows for the reasons better known to the then management at the helm of affairs.
They claimed Sajad was an embedded asset of ISI-affiliated terrorist-separatist networks.




