MULTAN: The National Accountability Bureau Multan arrested three employees of the Islamic banking branch of Habib Bank Limited, Saddar Cantt, for allegedly committing a fraud of Rs 160 million with account holders. The employees are identified as Taha Muhammad Ali, Aslam Pervaiz and Khalid Mehmood Ali Jaffery.
According to details, Muhammad Taha Ali, Relationship Manager in the Habib Bank Branch, misused his powers by depositing cash of the account holders in his personal account with the assistance of his two colleagues Aslam Pervaiz and Khalid Mehmood Jafferi.
The two employees played a vital role in the embezzlement as they transferred the money into their personal accounts. They were giving impression to account holders that their transaction has been done successfully in order to satisfy them.
However, when Habib Bank found massive financial embezzlement in their accounts during audit then they contacted National Accountability Bureau Multan for inquiring this matter. During the interrogation, investigation officer Ali Arslan sought permission to arrest the three employees after finding out concrete evidences against them. Director General National Accountability Bureau Multan Tariq Mehmood Nadeem granted permission to the investigation officer to arrest the suspects.
They would be presented before National Accountability Bureau Court for their physical remand very soon and other bank officials will be also brought to court of justice for further interrogation if required .
