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Zarai Taraqiati Bank Limited (ZTBL) has dismissed 13 employees on corruption and fraud charges, it is reliably learnt. Official sources told Business Recorder on Thursday that ZTBL President Abdul Rasheed Chughtai had ordered a thorough inquiry and after conducting personal hearings in each case he dismissed 13 officers.
It is further learnt that 13 other guilty officers have been reverted whereas 16 bank officials have been penalised. Most of the officers, sources added, who have been dismissed belonged to Suhbatpur Branch of Dero Murad Jamali and were involved in fraud cases. A junior officer Hakim Shah had been posted as Regional Manager, D.M Jamali against rules and regulations, sources added.
Under his supervision, lending was made on fake pass books and National Identity Cards (NICs) to a particular group of people. Official sources said the National Accountability Bureau has also launched inquiry into the case. Besides, the ZTBL President has also imposed penalties upon 34 officers of D.G Khan, Multan and Bahawalpur regions who were involved in corruption, inefficiency and fraud, sources disclosed.

Copyright Business Recorder, 2006

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