SARFAESI Bill Will ‘Empower’ Authorities To Seize Properties Of Bank Defaulters: Geelani

KL Report


Syed Ali Shah Geelani
Syed Ali Shah Geelani

Hurriyat Conference (G) Chairman, Syed Ali Shah Geelani on Wednesday lashed-out at local administration for their “deceptive and selfish approach” and claimed that the “occupation by Indian forces is the main concern” for a basic cause of all “calamities”.

While rejecting the proposal for implementation of SARFAESI ordinance as deemed by RBI, Geelani expressed surprise over the assurance endorsed by Omer Abdullah.

“The proposed move will prove detrimental and will cause unprecedented damage to interests of people of state,” he said in a statement, while terming the said ordinance against the interests of people of state and a deliberate attempt to dilute special status.

“The law is aimed at to provide one more unconstitutional entry for those outsiders who intend to occupy the estates through illegal means,” he said, adding, “this ordinance would pave way for the authorities to seize the properties of borrowers, bank defaulters and will go into the hands of outsiders through the proposed auction.”

The separatist leader said, that though the article 370 guaranties the special status for state and the article lays that no property or land shall go to the people residing outside state through sale deed and auction but the said proposal of RBI will pave way for the transfer of property and land.

“It would have disastrous impact over the political status of state,” Geelani warned, while lamenting the role played by the local political parties. “They have always for their vested interests played against the wishes of people and blaming the National Conference.”

While continuing his attack on National Conference, Geelani said: “They handed over thousands Kanals of land to Indian forces and enacted infamous Land Grants Bill.”

He reiterated that his headed Hurriyat faction will oppose the proposed SARFAESI bill and will make people aware about the proposed bill.

“We won’t play as mute spectator, he said, adding, “we feel our duty to warn the rulers about the effects and miseries it will bring to people of Jammu and Kashmir.”


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