NAB arrests Sindh Bank chief, two other officials in fake accounts case
34
The National Accountability Bureau (NAB) in Karachi on Wednesday arrested the president of Sindh Bank and two other senior officials in the fake accounts case in which former president Asif Ali Zardari and his business partners are co-accused.
"Tahir Ahsan, the president of Sindh Bank, was arrested in the fake accounts case from Karachi,” according to a brief statement issued by the anti-graft body.
Other suspects, namely Syed Nadeem Altaf — who is the executive vice president of Sindh Bank — and Bilal Sheikh, a former president and current director of Sindh Bank, were also apprehended.
“The accused persons will be produced before the respected Accountability Court in Karachi for the grant of transit remand. After remand from the court, the accused persons will be shifted to Islamabad as per law,” read the statement.
According to the corruption watchdog, the arrests were made by NAB in Karachi in coordination with the bureau's Rawalpindi team and on the orders of the bureau chairman.
The fake bank accounts case involves alleged money laundering worth billions of rupees through 29 accounts, which were found opened in three banks — Summit Bank, Sindh Bank and United Bank Ltd.
The Federal Investigation Agency (FIA) had named PPP leaders Asif Ali Zardari, his sibling Faryal Talpur, Omni Group chairman Anwar Majeed, his sons and over 10 others as suspects in an interim charge sheet filed in a banking court in August last year.
The case was transferred in March this year from the banking court in Karachi to the accountability court of Rawalpindi for trial.
Read more
On DawnNews
Comments (34) Closed
Jul 10, 2019 11:01pm
Too little, too late? How many more people are on their list?
Recommend
0
Jul 10, 2019 11:16pm
This was a long and over due arrests of Sindh Bank Officials.
It was not sure whether other banks were involved in fake accounts and money laundering cases but it was for sure that Sindh Bank may have played an important role under the duress of PPP Government.
Let’s see what new revelations will be made. It is quite possible that more people will be arrested from Sindh Bank for managing fake bank accounts cases and money laundering.
It’s better never do any thing illegal in entire life.
Recommend
0
Jul 10, 2019 11:34pm
Gang of culprits.
Recommend
0
Jul 10, 2019 11:34pm
Lets us hope NAB will be able to win this case and recover at least part of the looted wealth otherwise the purpose of moving the case from Karachi will be meaningless. The time has also come for the Government to recruit professional prosecutors like they have done in Finance Ministry to achieve some results,
Recommend
0
Jul 10, 2019 11:36pm
At this rate every Pakistani will be in jail pretty soon except for PTI supporters.
Recommend
0
Jul 11, 2019 12:02am
The guy should have joined PTI to save himself.
Recommend
0
Jul 11, 2019 12:05am
Good, keep it up or should I say speed up the process for justice. In Karachi airport, there are banners saying, Sindh Bank, a tribute to Shaheed Muhtarma Benazir Bhutto, what a shame, she had a crook and criminal husband.
Recommend
0
Jul 11, 2019 01:30am
Isn't this interesting to see others responsible in fake account cases namely SBP, Silk Bank are not being questioned by NAB. SBP has been granting favors after favors to Sindh Bank and Silk Bank for their violations.
Recommend
0
Jul 11, 2019 01:41am
Rotten to the core.
Recommend
0
Jul 11, 2019 02:06am
The FIA investigation report on this crime was quite comprehensive and legally sound . One wonders what took NAB so long to relay that evidence and apprehend these people . It is , nevertheless , a step in the right direction . One can only hope , however , that the prosecution makes a stong case in the court and that these men , if found guilty , meet their judgement according to law . Here is to hoping that the poor Sindhi public gets a respite of good governance and delivery of services .
Recommend
0
Jul 11, 2019 02:17am
@Syed A. Mateen, Sind bank would have played a key role in the entire facilitation process.
Recommend
0
Jul 11, 2019 02:19am
Strike the iron when it’s hot goes the saying. Once arrested they must be prosecuted quickly so the case gets decided and these crooks should be behind the slammer that’s where they belong.
Recommend
0
Jul 11, 2019 02:38am
Good step.
Recommend
0
Jul 11, 2019 03:07am
@Khurram , if they are crooked, than yes
Recommend
0
Jul 11, 2019 03:16am
You see bank accounts with tons of money and the account holders never paid any taxes, start investigations. If the account holders are selling fruits/vegetables on the road or cleaning dishes in a restaurant, you know it is a fake account. Why spend money in court cases? Let the account holders withdraw all the money from these accounts. They will be instant rich and the looters will be instant poor.
Recommend
0
Jul 11, 2019 04:01am
Get the big fish first and then those who supported them in corruption over decades. Good job NAB, keep up the pressure till they return the loots.
Recommend
0
Jul 11, 2019 05:00am
Now we are getting somewhere.
Recommend
0
Jul 11, 2019 05:01am
@Syed A. Mateen, .....Agree.
Recommend
0
Jul 11, 2019 05:06am
@NACParis, .... It is difficult to find good prosecutors in Pakistan. Good prosecutors must be courageous, hard working and intelligent. Pakistan does not have the manpower, so your suggestion is appropriate.
Recommend
0
Jul 11, 2019 05:06am
@Khurram , ....Get serious.
Recommend
0
Jul 11, 2019 05:13am
....... I wonder who has fake accounts at Sindh Bank?
Recommend
0
Jul 11, 2019 05:59am
Thugs of Pakistan being slowly rounded up. Need to pick up the pace and start taking it to the next level. These people will not be easily separated from the stolen money they have stashed abroad. Some trips to the drawing room will be fruitful.
Recommend
0
Jul 11, 2019 07:27am
@Khurram , you are assuming all are corrupt. Do you think Nawaz and Zardari and their associates got extremely rich by winning the lottery?
Recommend
0
Jul 11, 2019 07:33am
I mean what do you do with that much money? Save it for 'tomorrow'?
Recommend
0
Jul 11, 2019 07:37am
@Khurram , Good Joke. Only those who looted tax payers money should worry about their arrest,. Common man is interested in recovery of money from them plus exemplary punishment. Just return of looted wealth would not set good examples for the future !
Recommend
0
Jul 11, 2019 07:40am
@Dr. Salaria, Aamir Ahmad, better late than never. Jail all criminals, confiscate and sell their assets, make them penniless.
Recommend
0
Jul 11, 2019 07:42am
@S Khan, Shaheed is for soldiers, she was killed by her husband, just an ordinary murder victim.
Recommend
0
Jul 11, 2019 07:43am
@Khurram , if corrupt, why not. Anyway, you are an Indian troll. Fix your own country's corruption.
Recommend
0
Jul 11, 2019 07:44am
@Newborn, another Indian troll hiding his identity.
Recommend
0
Jul 11, 2019 08:23am
@Khurram ,
Soooo have you done something that you are afraid of?
It has nothing to do with ordinary people. It’s the big fish anywhere in all the parties. Support the country. Don’t criticize just to feel important.
Recommend
0
Jul 11, 2019 08:26am
@Newborn,
You really are new born. It has nothing to do with parties. It’s for Pakistan. Every ones time will come no matter which party . Don’t criticize without thinking. We are trying to clean up the garbage. For you and your future generations.
Recommend
0
Jul 11, 2019 10:14am
Arresting everybody involved in corruption in the province could be an impossible task as it may necessitate arresting every person connected with the government of the province in the past eleven years at least. Declaring the entire province as a sub-jail and permitting food and lodging in their own homes would provide some relief to the government. Every citizen should be asked to prove his or her innocence as otherwise they are guilty of not proving their innocence.
Recommend
0
Jul 11, 2019 03:37pm
@fairplay, exactly, just as they do to everyone else! wht goes around..
Recommend
0
Jul 11, 2019 07:09pm
Zardari and her sister done money laundering. They should be punished. But give double punishment to these tacnocrates who have shown the way to them. For me they are equally responsible in this crime or even more . These tacnocrates for their personal benifits make unlawful schemes and trap people who matters. Make horrible example of these cheaters in such a way that in future no body dare to misguide any one. Ishaque Dar is another such person who has gone abroad and absconder.
Recommend
0
