PESHAWAR, March 22: An accountability court here on Tuesday convicted an ex-manager of Habib Bank Limited, Muhammad Talimand Khan, and sentenced him to three years and six months imprisonment with a fine of Rs11.535 million.

The court presided over by Subhan Sher Khan observed that the prosecution had proved its case against the accused.

According to the National Accountability Bureau (Khyber Pakhtunkhwa), the accused was manager at HBL, Ahmad Branch in Karak district. It is stated that the bank authorities after preliminary inquiry had dismissed the services of the officer and handed over the case to NAB for further investigation.

After completion of the investigation, Chairman NAB had ordered arrest of the accused. NAB had filed a reference against the former manager HBL in April 2006.

According to the court verdict, he was involved in embezzlement/fraud of Rs11.515 million in the capacity of manager at various branches of HBL by making fake signatures, on mail transfer (MT), demand draft (DD) and telegraphic transfer (TT).