Rs 80m fraud detected in private bank
MULTAN: The audit teams of State Bank of Pakistan, Multan Branch, have detected a fraud of Rs 80 million in a private bank situated in Nawan Shehr. After the fraud detection, Ali Suleman Pasha, the bank manager, pretended heart attack and called Rescue 1122 for help. He was taken to
By our correspondents
January 27, 2015
MULTAN: The audit teams of State Bank of Pakistan, Multan Branch, have detected a fraud of Rs 80 million in a private bank situated in Nawan Shehr. After the fraud detection, Ali Suleman Pasha, the bank manager, pretended heart attack and called Rescue 1122 for help. He was taken to the Cardiology Institute from where he fled. Now an FIA team is searching for him.
An FIA official revealed that a woman account holder had submitted her cheque to draw the amount, but the cashier informed her that there was no amount in her account. He said that other account holders also contacted the bank branch with receipts issued by the bank and found no money in their accounts. He said that the bank manager had opened fictitious deposit accounts.
An FIA official revealed that a woman account holder had submitted her cheque to draw the amount, but the cashier informed her that there was no amount in her account. He said that other account holders also contacted the bank branch with receipts issued by the bank and found no money in their accounts. He said that the bank manager had opened fictitious deposit accounts.
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