Karachi: 2 accused of Rs 222m embezzlement get bail
KARACHI: Two of the co-accused in the Shikarpur GP Fund scam, amounting to an alleged embezzlement of Rs 222 million, were granted to bail against a solvent surety of half the amount.
The applicants were Abdul Karim Malano and Shaukat Lohar. Their counsel was heard Monday by an appellate bench of the High Court of Sindh comprising Justice Yasmeen Abbasey and Justice Syed Mehmood Alam Rizvi.
The counsel stated that his clients retired at least eight years ago and only maintained a bank account. The crime was committed behind their backs and they were not aware of the alleged case of fraud contained in the NAB reference, the counsel added.
The bench then admitted them to bail, ordering they be released if half of the liability or amount allegedly embezzled by them were deposited.
The same bench reserved judgment in bail pleas by Sultan Ahmed Lashari and Ishaq Lashari, the co-accused in the same embezzlement case who were being represented by Miss Noor Naz Agha advocate.
Agha contended that the accused lost cheques which had their signatures and the misplacement was reported to the police and bank officials. She contended that the cheques were cashed later and thus her clients were innocent.
The main accused include GP Fund Section Accountant Noor Muhammad Ujjan, Assistant District Accounts Officer Hazoor Buksh Shaikh, District Accounts Officer Muhammad Rashid Umar, GP Fund Senior Auditor Shaif Muhammad Pathan, education department official Nazeer Ahmed Memon, National Bank of Pakistan (NBP) Shikarpur official Garhi Yasin and NBP Hathidar branch officials, including manager Ghulam Rabbani Mahar, Zulfiqar Ali Shaikh, Abdul Waheem Shaikh, Ejaz Ahmed Pathan, Ejaz Ahmed Memon, Manzoor Ahmed Channa, Zahid Hussain Larik, Ghulam Nabi Hajano and others. There are a total of 61 individuals, including serving and retired government employees.