NAB had arrested Sibatul Hassan in a financial scam case in 2007. PHOTO: FILE
The Supreme Court on Wednesday ordered the Punjab Provincial Cooperative Bank Ltd (PPCBL) to deposit Rs6.525 million to the National Accountability Bureau (NAB) within a week.
The court ordered that the remaining amount (Rs2.523 million) be paid in two weeks.
NAB Additional Prosecutor General Muhammad Akbar Tarar appeared before the Supreme Court.
NAB spokesman Ramazan Sajid said NAB had arrested Sibatul Hassan Gillani in a case of cheating the public at large on April 4, 2007.
He said the NAB had recovered Rs20 million from Raja Mukhtarul Hassan through voluntary return while recovery of the remaining amount was in progress.
He said one of the accused had moved the Lahore High Court (LHC) in the mean time.
On March 11, 2010, the LHC had directed the PPCBL manager to hand over the amount to the NAB authorities, which was put under caution by the NAB and the petition was disposed of.
The PPCBL had filed the petition in the Supreme Court stating that the court had relied solely on the investigation officer’s submission.
The Supreme Court accepted NAB’s stance on Thursday and ordered the bank to deposit the amount with the bureau.
Published in The Express Tribune, March 28th, 2014.
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