KARACHI, June 27: The Accountability Court No 4 adjourned the hearing of a multi-million bank fraud case against business tycoon Abdul Qadir Tawakkal till July 5. The charges on the accused have already been framed. It was reported that a private firm, Naya Daur, had got a big loan from the National Bank of Pakistan and showed the firm as bankrupt.
The NAB reference 24/2003 against the accused was filed on August 7, 2003. Abdul Qadir Tawakkal is in judicial custody, Noor Abdul Qadir is on bail and 10 co-accused are absconding in the case.
Meanwhile, the National Accountability Bureau on Wednesday filed a reference against a former cashier of the Habib Bank’s Burnes Road branch for his alleged involvement in corruption.
According to NAB, former cashier Nadir Khan through his associate Nisar Ahmed had opened an account on the forged National Identity Card of Aleemuddin and illegally transferred Rs887,000.
The reference was filed in the court of Administrative Jude of Accountability Court Aley Maqbool Rizvi.
Warrants re-issued
The Accountability Court No V on Wednesday re-issued non-bailable warrant against a former postmaster of Moro, Ghulam Shabir Sehto, and the date of his case was extended till July 24.
It was reported that the accused as acting postmaster of Moro, instead of depositing the revenue of utility bills in the official account, had changed the official record and embezzled it and thus caused a loss of Rs7 95,900 to the national exchequer. The accused has already been terminated and the reference 12/2006 against him was filed in May last year.
