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Banking court decides 16-year-old case.

LAHORE -- A bank crime court has decided a Rs 3.2 million bank fraud case which has been pending for last 16 years.

The case was heard by many judges but it remain undecided for one reason or the other. However, Judge Chaudhry Hamayun Imtiaz decided the matter after the accused admitted to commit minor irregularities.

The case was registered by Federal Investigation Agency against Naseerul Hassan Shah who was then serving as a grade-II officer in Allied Bank of Pakistan, Bhakkar branch, for embezzling Rs 3.2 million in 1999 on a complaint of authorities concerned. The accused got bail after serving nine months in jail.

On last hearing, the accused told the court that he did not commit fraud of Rs 3.2 million but the authorities concerned got registered a case against him over minor irregularities.

At this, the court deciding the matter declared period served by the accused in jail as sentence and imposed a Rs 24,000 fine.

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Publication:Balochistan Times (Baluchistan Province, Pakistan)
Date:May 25, 2015
Words:163
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