FIA gets 4-day remand of Rs 11m fraud accused
ISLAMABAD: Senior Sessions Judge Mohammad Aslam Gondal on Tuesday granted four-day physical remand to an account officer accused of forgery in two different offices of Compressed Natural Gas (CNG) stations of Rs 11m.
Later the accused was handed over him to Federal Investigation Agency (FIA) Commercial Bank Circle (CBC). A First Information Report was registered against Syed Umer Zafar on Jan 14. Awais Anwar Khawaja, a resident of G-9/3 Islamabad, registered the complained against Zafar with FIA.
According to FIA, Zafar embezzled Rs 11 million while working as an accounts officer at Zam Zam CNG and CNG and Stallion Technologies. He fraudulently opened two fake accounts by name of Zam Zam CNG and Stallion CNG, in My Bank, Shamasabad Rawalpindi Branch as he was the combined accountant of these two CNGs.
The accused Zafar credited an amount of Rs11 million to these two fake accounts that were meant to be credited in the original accounts of the firms. In addition to the above he also withdrew Rs 1.89 million cash from the original accounts of the firm and complainant by forgery in cheques and pay orders.
According to FIA, four co-accused, Shafaqat Raja, Rameez Tariq, Ali Turab and Imtiaz Abbasi were also arrested who were also involved in this forgery case. The four accused were banks’ employees and have been dismissed from the job after the disclosure of their involvement in opening of fake account. FIA also informed the court that co-accused apply for pre arrest bail in Lahore banking court but the court dismissed the plea of pre arrest bail.
According to sources, the main accused Zafar was hiding in Dubai when this scam was disclosed. In March he returned to Pakistan and hide in Chakwal. He produced before court in Islamabad and moved pre- arrest bail petition before the Additional Session Judge Akmal Khan, which was rejected on April 11, 2011 and FIA arrested the accused in the court premises.
In pre-arrest bail application, the counsel of accuse said that the learned the petitioner was innocent and had been falsely involved in the case due to mollified and ulterior motive on the part of complainant and the police. Thus the petitioner is admitted to pre-arrest interim bail with the sum of Rs 50,000 with one surety bond in like amount to the satisfaction of the court, the counsel informed the court. He also maintained before the court that petitioner would be directed to join the police investigation and attend the court regularly on each date of hearing this case but court rejected accused.
On Tuesday FIA produce the accused before court and requested the court to grant 10 days physical remand but court granted four days remand to the accused. FIA also informed the court that the accused had to be investigated regarding the recovery of the amount, recovery of chequebook of the fake accounts, fake stamps and letterheads of firm used for account opening and role of bank officials and other involved persons. The court ordered that the accused be produced before court on April 16.
While talking to Daily Times Federal Investigation Agency (FIA) Station Head Officer (SHO) Tariq Mehmood of Commercial Bank Circle said accused was most wanted to FIA since long but due to his absence in country he could not be arrested. He said investigation was in progress and more arrests were expected.