An accountability court on Saturday extended the judicial remand of Imtinan Saeed, Omeed Ayyaz Mehmood and Faisal Rasheed involved in embezzlement of Rs 140 million obtained from National Bank of Pakistan (NBP) as loans through fake documents until June 20. Ayyaz was the manager of NBP Lytton Road branch while Saeed was the banks counsel. Saeed and Rasheed took loans in the name of five different companies: Paragon Leather, Imperial Chemicals, Ikhlaq Traders, Y to K Traders and Copier Traders and embezzled. The court, while extending the remand, directed National Accountability Bureau (NAB) to file the reference against the accused by the next date of hearing.
REMAND EXTENDED: An accountability court on Saturday extended the judicial remand of Shaukat Ali, Muhammad Ali, Shoaib Sardar, Kashif Iqbal, Imran Shah, Sajawal Ashraf and Gulfam Rasool Khan, nominated in a case about fraudulent withdrawal of money under various adjustments headed by officials of district police and patrolling police in Punjab Accountant General Office, until June 25.
Ahmad, Khan, Shakeel and Waseem were shown as police sub-inspector, assistant-sub-inspector and official of highway patrolling police respectively. Ahmad withdrew Rs 15 million; Khan Rs 0.5 million while Shakeel and Waseem received Rs 21 million fraudulently from AG Office in their accounts during the last one year.
NBP fraud case accused remanded
