QUETTA: The Balochistan region of National Accountability Bureau (NAB) has recovered Rs10 million embezzled by the officials of Habib Bank.

The director general of NAB’s Balochistan region, retired Major Tariq Mehmood Malik, handed over a Rs2.85 million cheque as part payment to the regional chief of HBL Complex Branch, Ejaz Ahmed, at a ceremony held at the NAB office here on Thursday.

Also read: NAB recovers 50pc amount in multi-billion scam

According to details of one of the cases, a bank cashier Majeed Sajid in connivance with vault cashier Mohammad Saleem used to set aside a sizable amount from the cash received from customers instead of depositing the money in their accounts.

The bank management came to know about the fraudulent practice when Mr Sajid was transferred as Rs1m was found missing from the bank accounts.

The bank management held the vault cashier responsible for the missing amount and a complaint was lodged with NAB.

The NAB conducted an inquiry and arrested both the suspects. The bureau recovered the embezzled amount under the plea bargain, the Section 25 of the National Accountability Ordinance, 1999.

Published in Dawn, May 29th, 2015

On a mobile phone? Get the Dawn Mobile App: Apple Store | Google Play