The Senate's standing committee has demanded an explanation regarding the withdrawal of billions of rupees from the accounts of the account holders of a private bank.
According to the details, Senator Saleem Mandviwala chaired the Senate's standing committee meeting, during which a matter involving the withdrawal of money from the accounts of account holders of a private bank was discussed.
In the meeting, it was revealed by the private bank manager that an account holder had taken 5 billion rupees from their bank account and fled, while the State Bank Governor, Jamil Ahmed, informed the committee that the total amount involved is approximately 350 million.
In the meeting, the Chairman of the Federal Board of Revenue (FBR) said that the State Bank Governor should provide an explanation, to which the State Bank Governor stated that the amount is 254 million and action has been initiated against the bank manager.
According to the State Bank Governor, the total amount is approximately 350 million, with 270 million being credited to the account on October 12. This is a case of banking fraud, and legal action will be taken against those responsible.
The representatives of the affected family told the committee that in their opinion, the amount is 350 million, with 270 million re-deposited into the account on October 12. The committee took note of this and appreciated their collaboration with the State Bank.
Mushdaq Malik stated that this is a case of banking fraud, and action should be taken against those responsible. Representatives mentioned that the area manager who executed this fled after being identified, and other facilitators are still present.
At this point, the State Bank Governor stated that regarding the return of the money, the State Bank has fulfilled its role. The close relatives of the area manager are also involved in this fraud, and an FIR has been filed against them.