KARACHI: An accountability court convicted on Wednesday two persons in a corruption case. Accused Sheikh Muhammad Asghar and Nazir Ahmed Toni were awarded imprisonment of five years and a fine of Rs15 million and Rs10m, respectively.
The accused were charged with embezzlement of state funds by depositing a pay order, meant for the Excise and Taxation department, in a fake bank account for their personal gain.
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The account was opened by Nazir Toni as National Bank of Pakistan Dockyard Branch manager. The prosecution argued that the accused had illegally deposited a pay order of Rs3,035,102 by Pakistan Steel Mills.
Published in The Express Tribune, January 17th, 2019.