Bank accounts of banned groups frozen

Published December 4, 2003

KARACHI, Dec 3: The State Bank has asked all commercial banks and development finance institutions to freeze the accounts of three religious groups banned by the government on Nov 15 for their alleged involvement in extremism.

A spokesman for the central bank confirmed to Dawn that the SBP had asked all banks and DFIs to freeze the accounts of Millat-i-Islamia, Khuddamul Islam and Islami Tehrik Pakistan.

He said the banks and DFIs had been instructed to submit details of the accounts of these religious groups after freezing the same within 10 days.

The spokesman did not confirm freezing of the accounts of the Jamiat-ul-Ansar, Hizb-ul-Tehrir and Jamaat-ul-Furqan on which the government placed a ban on Nov 20.

Opinion

Editorial

A difficult story
12 Jun, 2026

A difficult story

WHILE launching the Economic Survey 2026, Finance Minister Muhammad Aurangzeb told a hopeful story of economic...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...