Karachi: Bankers among 6 held by FIA in fraud cases
KARACHI: The FIA authorities have arrested six accused including bankers in three different fraud cases worth millions of rupees, said FIA Regional Director Sindh, Moazzam Jah here on Thursday.
“Our agency has registered three cases during the last two days,” he said while addressing a press conference.
The first case relates to Beta Textile Mills whose Director Sumair Zaheeruddin has been arrested for fraudulently taking loans worth Rs 200 million after submitting forged 110 L/Cs and 67 receipts.
The other accused arrested in the case is Ms Nuzhat Shawani, regional chief of ABL while chief manager of the bank is absconder in the case, he added. In the second case, he said, three accused have been arrested in a fraud case amounting to more than Rs 6 million pertaining to the UBL.
The accused were identified by the FIA Director as M. Hussain and UBL staffers M. Fahim Siddiqui and Rauf. “M. Hussain used to forge the cheques of Lyari Development Authority (LDA) with the help of UBL staffers and so far withdrew over Rs 6 million,” he said.
Moazzam Jah said that the LDA officials have been asked to further audit their accounts so that the total amount of fraud could be detected. In the third case, chief manager of MCB, Bhitai Branch, Raees Ahmed, son of M. Amin has been arrested for manipulating bank accounts worth Rs 51,000/-.