Karachi: Bank fraud suspect remanded
Karachi: The Judicial Magistrate, East, Zulfiqar Ali Shah, remanded a suspect in the custody of Federal Investigation Agency (FIA), Commercial Banking Circle, in a case pertaining to fraud in 33 accounts of local Bank.
Mohammed Ameen was produced in the court on Thursday by the FIA regarding fraud case of Rs 33 million from 11 different accounts of the bank. The Magistrate handed him into FIA custody till October 6, while two of his accomplices, Anas and Irfan, are absconding.
The fraud case was detected by the inspection team and during internal audit it was established that 34 accounts of the banks were embezzled by the bank employees. The bank manager lodged a complaint about misappropriation of accounts.