PESHAWAR: The Khyber Pakhtunkhwa Ehtesab Commission (KPEC) on Tuesday arrested five managers of various banks on charges of involvement in financial scam of Rs66 million in the Elementary Education Foundation.
According to a statement issued here, the arrested bankers include Kamran Khan, manager Bank of Dubai Islamia, Mustansar, former manager Bank of Samba and the sitting manager Bank Al-Falah, University Road Peshawar, Afraz Ahmed, former manager Bank of Samba and sitting manager Askari Bank, Navel Headquarters Islamabad, Shakeel Asghar, manager Silk Bank Peshawar and Abdal Haseeb, operational manager Silk Bank Peshawar.
It was stated that the bankers were involved in misappropriation of Rs66 million. Former managing director of the Elementary Education Foundation, Ahmed Khan and account officer Mohammad Ali have already been arrested in the case. The bankers would be presented to accountability court today (Wednesday) to seek their custody for further investigation.
Meanwhile, Judge Subhan Sher of a special court of KPEC on Tuesday sent senior drug analyst, Khalid Khan, on a three-day physical remand in the drugs testing case.
The accused was arrested on Monday on charges of giving wrong report about life-saving drugs worth millions of rupees a few years ago.
Published in Dawn, August 31st, 2016
Dear visitor, the comments section is undergoing an overhaul and will return soon.