The State Bank of Pakistan (SBP) has sealed the Hafizabad branch of the National Bank of Pakistan (NBP) after detecting fake currency notes worth Rs. 2 million.
The SBP has also imposed a heavy fine of Rs. 200 million on the bank for this serious lapse. The counterfeit currency was deposited through a private bank into the NBP branch, raising concerns about banking oversight.
A high-level investigation is underway to trace the origins of the fake currency. The case’s complexity involves multiple entities, making the investigation challenging.
This incident has exposed weaknesses in the banking system, leading to calls for stricter measures to prevent such occurrences in the future.
Via: 24News
Stay Connected with ProPakistani
Get the latest business news, market insights, and economic updates wherever you prefer.
Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

You don’t have guts to write the name of Private Bank which is HBL. if you don’t have this information please update yourself.
اگر عوام کو نیشنل بینک والے یہ جعلی نوٹ تھما دیتے اور عوام انکشاف ہونے پر نیشنل بینک والوں سے کمپلین کرتے، تو بینک والوں نے ماننا ہی نہیں تھا۔
دوسری جانب ان کے گارڈون کو پیسے مانگنے کی بھی عادت پڑی ہوئی ہے۔
See how the news media is hiding facts, why not disclosing the branch name? All just want the fame by twisting facts, have guts to disclose all facts.
No one should be above the law.