Another Fake Account with Transactions of Millions of Rupees Discovered in Karachi

After the ‘billionaire’ Karachi falooda vendor, another fake account has been unearthed in Karachi which was used for millions of rupees in transactions.

A female employee of the Sindh health department recently received a tax notice from the Federal Board of Revenue (FBR), stating transactions worth millions of rupees had been made from her bank account and she was liable for tax on all of them.

After receiving the notice she was shell-shocked because neither did she have an account in the mentioned bank nor the money to make such hefty transactions.


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The government employee, Sarvat Zehra, says she came to know about the fake account through the FBR tax notice. The FIR served her a notice for recovery of Rs110 million in taxes over the transactions made from her bank account.

She says that her CNIC and mobile number were used for opening the fake account. She recounts some four years ago she had lost her cell phone and said that the phone could have been used for opening the account.

About the transactions, she wonders how it is possible for a lower grade government employee to have such a huge amount in her account .


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She added that the FBR had advised her to contact the Federal Investigation Agency, which is currently investigating fake bank accounts’ matter on the order of the Supreme Court.

Last month, the Federal Investigation Agency (FIA) discovered a hefty amount of Rs2.25 billion deposited in a bank account opened in the name of a Karachi falooda vendor.

Sarwat Zehra letter to FBR for de-attachment of bank account and closer of sales tax registration
Sarwat Zehra letter to FBR for de-attachment of bank account and closer of sales tax registration

Abdul Qadir, a resident of Orangi Town, Karachi, learned that he has Rs2.225 billion in his bank account after FIA summoned him. He only came to know about the hefty amount when he got a letter from the FIA.

The deposit was unearthed during investigations related to the biggest money laundering scam in Sindh’s history.


  • shaitan

    Just in time for the FATF officials visit to Pakistan!

  • College

    Hang the Officials involved

    Bank Officials involved in Fake Accounts must be trialed in Anti Terrorism Court and hanged in Public

    Interestingly press don’t report the name(s) of Bank(s) involved in opening and operating of these Fake Accounts

    Responsible authorities should also take note of this fact

  • Muhammed Salim Rehmani

    SBP has been showing a disgusting performance as regulator. They sold out KASB in just Rs. 1000 (in collaboration with A.F. Fergusons & Company, Chartered Accountants – UK No. 1 Price Water Cooper). Why their inspectors are not auditing compliance of KYC. Why they do no check work of Compliance Chief, Internal Auditors and External Auditors. Shame on SBP.

  • Muhammed Salim Rehmani

    SBP has been showing a disgusting performance as regulator. They sold out KASB in just Rs. 1000 (in collaboration with A.F. Fergusons & Company, Chartered Accountants – UK No. 1 Price Water Cooper). Why their inspectors are not auditing compliance of KYC. Why they do no check work of Compliance Chief, Internal Auditors and External Auditors. Shame on SBP.