‘Fraudster banker’ sent on remand
The FIA Banking Circle had registered a case against Khan
However, officials said that they had yet to recover the money he had extorted. PHOTO: EXPRESS
ISLAMABAD:
A lower court on Tuesday sent a former bank employee on judicial remand in a corruption case. The Federal Investigation Agency (FIA) produced accused Saadullah Khan in the court of Senior Civil Judge Abdul Ghafoor Kakar. The FIA informed the court that the accused was a senior financial consultant at a multinational bank and had illegally withdrawn Rs2.4 million from the account of Syed Ishfaq. The accused allegedly withdrew the money by forging his client’s signature of the account holder on ten cheques. FIA prayed the court to send the accused on judicial remand to ensure completion of the investigation process, which was granted by the court. The FIA Banking Circle had registered a case against Khan for his involvement in misuse of his office position.
Published in The Express Tribune, November 16th, 2016.
A lower court on Tuesday sent a former bank employee on judicial remand in a corruption case. The Federal Investigation Agency (FIA) produced accused Saadullah Khan in the court of Senior Civil Judge Abdul Ghafoor Kakar. The FIA informed the court that the accused was a senior financial consultant at a multinational bank and had illegally withdrawn Rs2.4 million from the account of Syed Ishfaq. The accused allegedly withdrew the money by forging his client’s signature of the account holder on ten cheques. FIA prayed the court to send the accused on judicial remand to ensure completion of the investigation process, which was granted by the court. The FIA Banking Circle had registered a case against Khan for his involvement in misuse of his office position.
Published in The Express Tribune, November 16th, 2016.