Karachi banking court issues production orders for Anwar, Abdul Majeed
Complaints filed maintain that the Omni Group was not willing to pay the debts
PHOTO: FILE.
KARACHI:
A banking court issued the production orders of Anwar Majeed and Abdul Ghani Majeed on Saturday while hearing the criminal complaints filed by banks against the Omni Group pertaining to missing sugar stocks.
The complaints filed by Summit Bank, Sindh Bank and National Bank were heard at the Karachi banking court.
Omni Group Chief Anwar Majeed and Abdul Ghani Majeed who are in Adaila Jail were not produced before the court. No one from Anwar Majeed's family appeared before the court.
The court issued production orders of Anwar and Ghani Majeed and directed the home department and officials of Adaila Jail to produce the accused. The court also directed Ali Kamal Majeed, Mustafa Zulqarnain Majeed, Saima Majeed, Minhal Majeed, Nimr Majeed, and others to appear before the court on the next hearing while seeking replies from the parties by October 28.
Former chief justice of Pakistan Justice Saqib Nisar had ordered for action to be taken against the sugar mills of Omni Group. The complaints filed maintain that the Omni Group was not willing to pay the debts. The conditions put forth by the Omni Group to clear the arrears are not acceptable. The complainants seek action against the chief executives and directors of Omni Group. The sugar stocks which had been kept as bank surety are missing.
Published in The Express Tribune, October 20th, 2019.
A banking court issued the production orders of Anwar Majeed and Abdul Ghani Majeed on Saturday while hearing the criminal complaints filed by banks against the Omni Group pertaining to missing sugar stocks.
The complaints filed by Summit Bank, Sindh Bank and National Bank were heard at the Karachi banking court.
Omni Group Chief Anwar Majeed and Abdul Ghani Majeed who are in Adaila Jail were not produced before the court. No one from Anwar Majeed's family appeared before the court.
The court issued production orders of Anwar and Ghani Majeed and directed the home department and officials of Adaila Jail to produce the accused. The court also directed Ali Kamal Majeed, Mustafa Zulqarnain Majeed, Saima Majeed, Minhal Majeed, Nimr Majeed, and others to appear before the court on the next hearing while seeking replies from the parties by October 28.
Former chief justice of Pakistan Justice Saqib Nisar had ordered for action to be taken against the sugar mills of Omni Group. The complaints filed maintain that the Omni Group was not willing to pay the debts. The conditions put forth by the Omni Group to clear the arrears are not acceptable. The complainants seek action against the chief executives and directors of Omni Group. The sugar stocks which had been kept as bank surety are missing.
Published in The Express Tribune, October 20th, 2019.