Karachi: NAB arrests ex-banker in fraud case
KARACHI: The National Accountability Bureau (NAB) has arrested a former banker in a fraud case, said a press release issued by the bureau here on Monday. Syed Altaf Hussain, who was a teller at United Bank Limited’s Hamid Square Branch, was declared a proclaimed offender by an accountability court in the corruption reference (No. 39/2013).
Hussain is facing charges of misappropriating Rs12.99 million by affixing cash received stamps of the branch to credit slips but not crediting the amount into the Ufone’s account. The accused will now be brought before the accountability court.