AGL 40.40 Increased By ▲ 0.20 (0.5%)
AIRLINK 129.25 Increased By ▲ 0.14 (0.11%)
BOP 6.81 Increased By ▲ 0.21 (3.18%)
CNERGY 4.13 Increased By ▲ 0.10 (2.48%)
DCL 8.73 Increased By ▲ 0.28 (3.31%)
DFML 41.40 Increased By ▲ 0.15 (0.36%)
DGKC 87.75 Increased By ▲ 0.75 (0.86%)
FCCL 33.85 Increased By ▲ 0.50 (1.5%)
FFBL 66.40 Increased By ▲ 0.50 (0.76%)
FFL 10.69 Increased By ▲ 0.15 (1.42%)
HUBC 113.51 Increased By ▲ 2.81 (2.54%)
HUMNL 15.65 Increased By ▲ 0.42 (2.76%)
KEL 4.87 Increased By ▲ 0.09 (1.88%)
KOSM 7.62 Decreased By ▼ -0.21 (-2.68%)
MLCF 43.10 Increased By ▲ 1.20 (2.86%)
NBP 61.50 Increased By ▲ 1.00 (1.65%)
OGDC 192.20 Increased By ▲ 9.40 (5.14%)
PAEL 27.05 Increased By ▲ 1.69 (6.66%)
PIBTL 7.26 Increased By ▲ 1.00 (15.97%)
PPL 150.50 Increased By ▲ 2.69 (1.82%)
PRL 24.96 Increased By ▲ 0.40 (1.63%)
PTC 16.25 Increased By ▲ 0.01 (0.06%)
SEARL 71.30 Increased By ▲ 0.80 (1.13%)
TELE 7.25 Decreased By ▼ -0.05 (-0.68%)
TOMCL 36.29 Decreased By ▼ -0.01 (-0.03%)
TPLP 8.05 Increased By ▲ 0.20 (2.55%)
TREET 16.30 Increased By ▲ 1.00 (6.54%)
TRG 51.56 Decreased By ▼ -0.14 (-0.27%)
UNITY 27.35 No Change ▼ 0.00 (0%)
WTL 1.27 Increased By ▲ 0.04 (3.25%)
BR100 9,967 Increased By 125.2 (1.27%)
BR30 30,751 Increased By 714.7 (2.38%)
KSE100 93,345 Increased By 824.9 (0.89%)
KSE30 29,017 Increased By 230.5 (0.8%)

A former empl-oyee of National Bank of Pakistan (NBP) was admitted to pre-arrest bail in a corruption case pertaining to Sindh Development and Maintenance of Infrastructure Fee (SDMIF), a tax levied in 1994.
The bench comprising Justice Gulzar Ahmed and Justice Irfan Saadat Khan was seized with a petition filed by Nazir Ahmed Toni who was dismissed from service by NBP in 2002 after alleged misappropriation of Rs 30.47 million collected as SDMIF.
The petitioner denied any involvement in the case and, pleading innocence, said that the cheque of the said amount went missing and later he found that it was deposited in the account of a clearing and forwarding company by some other NBP officials of PN Dockyard Branch where he was posted as Branch Manager.
The counsel stated that petitioner/accused faced trial for many years before the Special Banking Court and then before Accountability Court at Karachi.
He said that reference 16/20009 was filed for the same offence and petitioner apprehends arrest in the aforementioned case by NAB officials. The bench hearing arguments of the counsel in detail, admitted the petitioner/accused to bail against a solvent surety of Rs 100,000 and personal bond in the like amount.

Copyright Associated Press of Pakistan, 2010

Comments

Comments are closed.