Islamabad: Over 52 cases of forgery in banks registered in ‘11
ISLAMABAD: Over 52 cases of forgery in banking sector, including Rs 430 million mega scam against former media coordinator to primer minister secretariat, were reported with district court in current year which is coming to an end.
According to record at Islamabad District Court, the said cases were registered with Federal Investigation Agency (FIA) against persons allegedly involved in forgery with bank and giving loss billion of rupees to national exchequer.
Meanwhile, according to sources, the relevant department has failed to recover the embezzled money from the alleged persons.
Alleged persons not only involve common people but government officials are also among these characters. A First Information Report (FIR) was registered against Khurram Rasool, PTV’s ex-media advisor to Prime Minister (PM) house.
Rasool, while holding office as media coordinator fraudulently extorted an amount of Rs 430 million through fake bank accounts and cash from Pervaiz Hussain in connivance with his brother Shahid Mahmood, Ghulam Ghaus, Zafar Jawed and others on pretext of awarding LPG quota and oil export license to NATO forces in Afghanistan to Sahara Gas (Pvt) Ltd and Pak Delta Enterprise (Pvt) Ltd, owned by Pervaiz Hussain and his son Sameer Hussain.
The accused along with his gang prepared and used fake agreements and letters on behalf of Ministry of Petroleum and Natural Resources and impersonated as representative of Pak Arab Refinery Ltd (PARCO) and petroleum secretary. It was turned out that accused issued four cheques of his account with City Bank amounting to Rs 630 million in favour of Pervaiz Hussain, but these cheques bounced.
When the FIA failed to capture the accused and finally declared him absconder through local court on October 26.
Another FIR was registered against Abdul Rehman for allegedly forging 21 cheques. The FIA arrested the accused on April 14.
An FIR was registered against Zaheer Ahmed, Nasir Abbas, Amir Shahzad, Muhammad Javed. During the course of inquiry it was known that the said persons were involved in unauthorised access to the credit cards data. It was further revealed that when 14 Bank Al-Falah Credit Cardholder(s) made a genuine transaction at Tri Star Petroleum (PSO) positioned at Sector 1-10 Markaz. The accused made fraudulent transactions on the card account(s) by using the counterfeit credit cards and caused loss of over one million to Al-Falah Bank. The alleged persons were arrested on January 21, 2011.
Another FIR was registered against Syed Umer Zafar. The accused was allegedly while working as accounts officer in the combined office of M/s Zam Zam CNG, M/s New Zam Zam CNG and M/s Stallion Technologies embezzled an amount of 11 Million. The FIA arrested the person on March 11.
Talking to Daily Times, a local bank (summit bank) legal Manager Waseem Elahi said that to avoid the bank forgeries banks should work after clearing their customer and looking into anti-money laundering policies. He said complete documentary requirements and verification should be made must before any entry.
The FIA Station House officer (SHO) Commercial Banking Circle (CBC) Irfan Barni told Daily Times that when forgery cases were referred to FIA for further interrogation and they proceeded as per law. He said FIA was trying its best to solve the matter but mostly cases they could not recover the forged money because the accused persons hand spent the money and when all allegation got proofed that he was criminal he would decline all allegation or point out another person. He said FIA had started rigorous campaign with assistance of banks official to stop increase ratio of such kinds of matters.