Lahore: Banker held for opening fake accounts
ISLAMABAD: The Supreme Court was informed on Tuesday that a bank manager, Muhammad Malik, had been arrested for operating fake accounts to make payments to Moonis Elahi, son of former Punjab chief minister, Pervaiz Elahi.
During the hearing, FIA officials apprised the apex court that they had recovered Rs73 million from different accounts through which the money was embezzled.
Sindh FIA Director, Muazzam Jah, said that the agency had detected more than 20 bank accounts which were used to transfer the embezzled amount of Rs30 million.
He said that 20 organisations had been contacted for the identification of assets of Amin Qasim Dada, while red warrants had been issued to bring back three co-accused, namely Khalid Anwar, Khawaja Akbar Butt and Muhammad Iqbal, from the US, UK and Dubai.