Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

NBP launches inquiry into Rs6m fraud

byCT Report
13/10/2017
in Business
Share on FacebookShare on Twitter

MULTAN: The National Bank of Pakistan (NBP) Multan officials have launched an inquiry into a fraud allegedly committed by a godown keeper, depriving account holders of Rs 6 million through parallel banking.

The godown keeper, Qamar Zaman of NBP Timber Market branch, started improving relations with bank clients mostly traders and developed a trust-based relationship. He used to deposit cash provided by clients into the bank and also withdraw amounts from their accounts through cheque and hand over money to them. He used to provide official deposit slips of bank to bank clients after depositing their money.

You might also like

SECP registers 5,003 new companies in October 2026

05/11/2026

Pakistan offers 1,000 acres of land to Turkish investors in Karachi Industrial Park

04/11/2026

However, after passage of some time, he started giving unofficial receipts to clients. The fraud unfolded when he did not turn up to hand over cash to clients and clients contacted bank officials and narrated the story.

When contacted, NBP Multan Regional Head Farrukh Ghauri told APP that an inquiry had been launched into the fraud and the case would be referred to the FIA for investigation and trial.

Related Stories

SECP registers 5,003 new companies in October 2026

byCT Report
05/11/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 5,003 new companies in October 2026, bringing the total number...

Pakistan offers 1,000 acres of land to Turkish investors in Karachi Industrial Park

byCT Report
04/11/2026

ISTANBUL: Pakistan has offered 1,000 acres of land earmarked for Turkish enterprises in Karachi Industrial Park, inviting Turkish companies to...

Pakistan surpasses vietnam in rice exports during September 2026

byCT Report
03/11/2026

ISLAMABAD: Pakistan recorded a significant increase in rice exports in September 2026, overtaking Vietnam despite tensions in the Gulf region...

SECP blocks inactive companies from opening new bank accounts

byCT Report
02/11/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Saturday declared 39,704 companies “Inactive by Registrar” for failing to...

Next Post

Pak rupee slightly recovers against US dollar

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.