Karachi factory fire: Police seek seizure of factory owners' bank account

Published: September 15, 2012
Say the account contains Rs500 million. PHOTO: AFP

Say the account contains Rs500 million. PHOTO: AFP

Say the account contains Rs500 million. PHOTO: EXPRESS Say the account contains Rs500 million. PHOTO: AFP

KARACHI: Police on Saturday submitted an application to the State Bank of Pakistan (SBP) for seizing one account of the garment factory owners who are facing murder charges over a fire that killed more than 250 people in their factory, Express News reported.

The account in question, police alleged, has Rs500 million in it and said they were still investigating how many other accounts there were, sources said.

Hospital staff stopped police from arresting one of the factory owners who is under treatment in the hospital for burns received during the factory fire.

The other three owners recorded their statements in the police station after which the DIG and other officers transported them to an undisclosed location.

SSP Investigation Saqib Sultan said good progress had been made in the investigation and they would soon reveal the developments.

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Reader Comments (12)

  • bashir ahmed
    Sep 15, 2012 - 12:58PM

    POLITICS WITH THE DEAD! MQM flag raised near the fire devasted factory. The city government charges for fire fighting alongwith the water bill. and they dont have equipment to fight the fire .


  • Ajamal
    Sep 15, 2012 - 1:09PM

    POLITICS OVER THE DEAD! President Zardari visits gutted factory in Lahore while Nawaz Sharif finds time to visit the one in Karachi.
    Nawaz Sharif terms fire in Karachi as government’s failure but since Punjab is governed by his brother, he keeps mum on that.


  • TheJakal
    Sep 15, 2012 - 1:46PM

    Why on earth are they freezing the accounts?


  • Sep 15, 2012 - 1:49PM

    When Tsunami comes, it will not see who visited Khi factory and who visited lhr factory and how these two loots kept looting the poor…!

    Tsunami is coming… Whatever they say against PTI on Talk shows is just helping and more ppl are becoming PTI Voters.

    For details… Watch Election Day


  • Zalim Singh
    Sep 15, 2012 - 2:21PM

    you mean swiss bank accounts?


  • elcay
    Sep 15, 2012 - 2:36PM

    Pakistan authorities have no control on any foreign banks!!!!!!!!!!!!!!


  • Sep 15, 2012 - 3:03PM

    So it’s a money grab now. What have the bank accounts got to do with the fire? Just an excuse to extort bribes.


  • Mohammad Ali Siddiqui
    Sep 15, 2012 - 3:08PM

    People working in the government departments right from top to bottom are selfish, corrupt and cannot be called as human beings.

    I would have salute if any minister would have laid down his life to save the lives of the workers while the factory was under fire.

    What is given in liue to the taxpayer’s by the government departments and its filthy corrupt officials nothing more than lip service.

    The day I will come into government, I will make every corrupt official stand on his one leg until he will fell down.


  • sgrr
    Sep 15, 2012 - 3:34PM

    Can someone explain under which law the Police submitted the application to SBP for freezing of account.


  • Not me
    Sep 15, 2012 - 4:23PM

    Why is the Bank account being frozen?. Under which law and under which court order? This is rank illegal


  • Mirza
    Sep 15, 2012 - 9:45PM

    This is the first thing that police and govt should do to freeze their account. The victims and their families need one thing and that is money and lots of it as soon as possible. The greedy owners would take the money out and disappear and the poor would be left holding the bag. This money should be used to compensate the sufferings of the families. Nothing would hurt the owners more than their pocket book and no amount of punishment to the owners could cure the hunger and needs of the families of victims.


  • Concerned
    Sep 19, 2012 - 12:04AM

    Mr. Mirza, I do not think anyone has the right to call the factory owners “greedy”. We are no one to call ANYBODY greedy. Also, there is no law that says the government can freeze someone’s personal account, and we do not need to worry about the owners disappearing as they can not leave the country anyway. Please also keep in mind that the owners have been honest and transparent throughout this tragedy which was NOT of their making. Obviously, most of these employees have been working loyally since the past 15 years or more which speaks a lot about how “greedy” the owners really are. So, instead of worrying about what’s going to happen with the owners bank accounts, we should worry about how ALL OF US can help the families of the victims, since playing the blame game will get us nowhere! :)


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