National Accountability Bureau Karachi, on Wednesday, arrested three employees of Sindh Bank in the fake accounts case.
A joint team of National Accountability Bureau (NAB) Rawalpindi and Karachi arrested Sindh Bank’s President, Tariq Ahsan, Executive Vice President, Syed Nadeem Altaf and Ex-President Bilal Shaikh who is currently Director at the bank.
They will be produced before Accountability Court in Karachi for transit remand and later will be shifted to Islamabad.
According to the reports, Sheikh issued a loan of around Rs. 1 billion to 1.8 billion to fraudulent benami companies linked with Omni Group.
NAB will seek the transit remand of the officials from the accountability court in Karachi and shift them to Islamabad for further investigation.
According to the corruption watchdog, the arrests were made by NAB in Karachi in coordination with the bureau’s Rawalpindi team and on the orders of the bureau chairman.
The FIA submitted its report to the apex court on July 8, 2018 that revealed a web of companies and accounts that were being used to transfer billions of rupees.
The fake bank accounts case involves alleged money laundering worth 35 billion through 29 accounts, which were found opened in three banks — Summit Bank, Sindh Bank and United Bank Ltd.
Furthermore, the Federal Investigation Agency (FIA) had named PPP leaders Asif Ali Zardari, his sister Faryal Talpur, Omni Group chairman Anwar Majeed, his sons and over 10 others including as suspects in an interim charge sheet filed in a banking court in August last year.
It is worth mentioning here that former president Zardari, his sister Faryal Talpur and several prominent individuals, including former Summit Bank president Hussain Lawai and Omni Group president Anwar Majeed, are already in NAB’s custody in the fake accounts case.