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Business is that which is transacted as per law: Justice Amir Hani Muslim.

ISLAMABAD -- Supreme Court (SC) has rejected bail pleas of two accused Muhammad Amjid, accountant of Forest college forest and Saqlain former assistant allegedly involved in withdrawal of 230 million rupees from bank through forged cheque book.

The amount was allocated for two government projects at Attock.

Justice Ejaz Chaudhry remarked " Strange things are done in this country. How a stenographer was made accountant. How he can withdraw such huge amount without the help of his officers. Million of rupees were withdrawn while the project was also closed. How it all happened.

Justice Amir Hani Muslim remarked " business is that which is transacted as per law and constitution.

FIA investigation officer Inspector Iftikhar Ali told the court accountant of forest college forest took out receipt from original cheque book and got new cheque book and he withdrew Rs 230 million from bank through forged cheques with the abetment of his friend Saqlain. It was not even in the knowledge of state bank of Pakistan that the two projects against which the amount was withdrawn had been closed down in 2009 and the accused kept on withdrawing money till 2012 against work on projects.

He further told the court when investigations were made in this regard then property worth Rs 120 to 130 million, flat in Sharja, factory and other bank accounts of Amjid and his friend were confiscated. One case of money laundering and two cases of corruption were registered against them. .

The court dismissing the bail pleas of both the accused remarking if they have any record in support of setting up factory and other business it should be shown to the investigation officer and if that record proves true then they should file their bail plea again.
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Publication:The Frontier Star (Northwest Frontier Province, Pakistan)
Date:Jun 14, 2014
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