A massive financial scandal has allegedly rocked Khyber Pakhtunkhwa, with over Rs. 40 billion reportedly misappropriated from provincial government accounts over five years. The National Accountability Bureau (NAB) has frozen nearly 50 bank accounts and seized records from several departments and banks as part of an expanding investigation.
Among the most startling discoveries is the alleged involvement of a dumper driver, whose accounts held over Rs. 4.5 billion. Authorities say he had registered a fake construction company and received nearly Rs. 7 billion through questionable transactions.
The alleged scam centres on the Communication and Works Department in Upper Kohistan, where forged documents, fake securities, and inflated bills were reportedly used to siphon off funds from the “Security and Deposit Works KP 10113” account. Investigators claim about 1,000 fake cheques were issued, with 50 account holders identified so far.
NAB suspects high-level collusion, pointing to potential involvement of political figures, officials from the DAO, Accountant General’s Office, DG Audit, and even bank staff. Meanwhile, some account holders have denied wrongdoing, insisting all transactions were legal and in line with government contracts.
Provincial Finance Advisor Muzzammil Aslam acknowledged the severity of the situation and called for a thorough probe, while distancing the finance department from direct involvement.
Source: The News