Nbp scam: SHC suspends warrants against bankers

KARACHI: The non bail able warrants of arrests issued against three senior officials of National Bank of Pakistan, allegedly involved in a scam benefitting themselves from the Staff Welfare Fund, were suspended till August 7 by a division bench of the Sindh High Court here on Tuesday. The bench, comprising Justice Syed Hasan Azhar Rizvi and Justice Salahuddin Panwhar, earlier heard Barrister Murtaza Wahab, counsel for the accused Senior Executive Vice President Asif Brohi, Executive Vice President Muhammad Tahir and Financial Head Aamir Sattar who moved the court for quashing of a FIR registered against them by Federal Investigation Agency. The case was registered on the orders of the Supreme Court of Pakistan as the accused including National Bank chief, Ali Raza, obtained financial gains against self-acclaimed “higher performance and extra ordinary services for the bank and its employees.” The bench after hearing the counsel for accused officers, suspending the warrants till August 7, ordered issuance of notices to the respondents including FIA and federal government for the said date.

Published in The Express Tribune, August 1^st, 2012.