IMPHAL, February 11: The Imphal Urban Co-operative Bank Employees Association will launch a strike from today for violating Supervisory Action Framework instructions to curtail expenses including administration and operating expenses by absorbing or regularising 17 contractual staffs which were appointed in June, 2013, stated the president of the Association, Loitongbam Indrakumar at a press meet at the Manipur Press club today.
He further stated that the association held an immediate general body meeting and submitted to the general manager an ultimatum on February 6 against the untimely service or regularization of the 17 contractual staffs that were regularised on February 5 under order no. IUCB/7(c)/ 2014-15 demanding to revoke or review their regularization within five days, a demand which remains unfulfilled.
The Association will submit another ultimatum again, giving the authorities a 10 days ultimatum to revoke the order. Even after the three-day bank strike and the 10 days ultimatum, if the authorities doesn`™t change its stance and revoke the order, the association then will hold an indefinite strike, he said.
He also added that the association will not tolerate such negligence of SAF instructions and will struggle against those who violate the instructions.
Loitongbam Indrakumar said seven out of the 17 contractual staffs are relatives of the Board of Directors, with one being the son of the general manager of Imphal Urban Co-operative Bank. The Board of Directors is going to retire in June and hence this sudden regularization orders in violation of SAF instructions, he added.