Khan is the prime accused in the Rs9 billion scam.
In September 2007, the National Accountability Bureau (NAB) had filed a reference against 12 people, including six serving Bank of Punjab officials, accusing them of embezzling Rs9 billion.
The investigation showed that Sheikh Muhammad Afzal, a director of Haris Steel Mills, Muhammad Munir, Ali Ijaz, Abid Raza and Irfan Ali had opened 23 fictitious accounts and obtained loans of Rs9 billion from 2005 to 2007.
The suspects had secured the loans with help from former BoP president Himesh Khan, Haroon Aziz, Azizul Hameed, Muhammad Shoaib Qureshi, Muhammad Adil Khan, Muhammad Nauman Arif and Muhammad Ziaul Haq.
Published in The Express Tribune, September 19th, 2014.
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