Former bank manager involved in fraud case held

An absconding banker allegedly involved in Rs 290.9 million fraud case has been arrested by the National Accountability Bureau (NAB), it was learnt on Friday. According to report the bank manager of the Bohri Bazar branch of Habib Bank, Muhammad Yousuf, was found involved in the manipulation and tempering of accounts to the tune of Rs 290.9 million. The accused after tempering with accounts was running a parallel mini bank and was gradually pocketing the defrauded money.
He along with his accomplices was reported as absconder and a haunt to catch him remained in progress. His arrest is expected to expose many others who either aided him in his crime or shared with him the looted money. He would be produced for remand before the accountability court.
Earlier, another bank manager of the same branch, Ramzan Ali Hemani, was caught on February 26 for fraudulent transaction.