The Senate’s standing committee has demanded an explanation regarding thewithdrawal of billions of rupees from the accounts of the account holdersof a private bank.
According to the details, Senator Saleem Mandviwala chaired the Senate’sstanding committee meeting, during which a matter involving the withdrawalof money from the accounts of account holders of a private bank wasdiscussed.
In the meeting, it was revealed by the private bank manager that an accountholder had taken 5 billion rupees from their bank account and fled, whilethe State Bank Governor, Jamil Ahmed, informed the committee that the totalamount involved is approximately 350 million.
In the meeting, the Chairman of the Federal Board of Revenue (FBR) saidthat the State Bank Governor should provide an explanation, to which theState Bank Governor stated that the amount is 254 million and action hasbeen initiated against the bank manager.
According to the State Bank Governor, the total amount is approximately 350million, with 270 million being credited to the account on October 12. Thisis a case of banking fraud, and legal action will be taken against thoseresponsible.
Read Top Stories
The representatives of the affected family told the committee that in theiropinion, the amount is 350 million, with 270 million re-deposited into theaccount on October 12. The committee took note of this and appreciatedtheir collaboration with the State Bank.
Mushdaq Malik stated that this is a case of banking fraud, and actionshould be taken against those responsible. Representatives mentioned thatthe area manager who executed this fled after being identified, and otherfacilitators are still present.
At this point, the State Bank Governor stated that regarding the return ofthe money, the State Bank has fulfilled its role. The close relatives ofthe area manager are also involved in this fraud, and an FIR has been filedagainst them.