November 29, 2001	Thursday	Ramazan 13, 1422

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MARDAN, Nov 28: Customers of the Prudential Investment Bank (PIBL) here have demanded that the management should allow them to withdraw their deposits, which have been held up for the last nine months.

Aurang Zeb Khan, one of the customers of the PIBL, said that more than Rs 360 million deposited by people in the NWFP had been held up by the bank, which had created an unrest among the customers. He disclosed that the management had stopped payment to customers since March 9 last, which had adversely affected their business.

Meanwhile, it is learnt that PIBL has stopped payment as the National Accountability Bureau and FIA ( banking) have started investigations into misappropriation of bank money. It has urged the State Bank of Pakistan to stop payment to customers.

PIBL Chief Operating Officer Athar Syed says that both NAB and FIA ( banking) are investigating the affairs of its sister bank, the Prudential Commercial Bank (PCBL), and until a complete reconciliation is carried out between the two companies payment would not be made.