AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 127.25 Increased By ▲ 0.21 (0.17%)
BOP 6.60 Decreased By ▼ -0.07 (-1.05%)
CNERGY 4.50 Decreased By ▼ -0.01 (-0.22%)
DCL 8.57 Increased By ▲ 0.02 (0.23%)
DFML 41.75 Increased By ▲ 0.31 (0.75%)
DGKC 87.50 Increased By ▲ 0.65 (0.75%)
FCCL 32.40 Increased By ▲ 0.12 (0.37%)
FFBL 64.99 Increased By ▲ 0.19 (0.29%)
FFL 10.30 Increased By ▲ 0.05 (0.49%)
HUBC 109.51 Decreased By ▼ -0.06 (-0.05%)
HUMNL 14.75 Increased By ▲ 0.07 (0.48%)
KEL 5.08 Increased By ▲ 0.03 (0.59%)
KOSM 7.56 Increased By ▲ 0.10 (1.34%)
MLCF 41.50 Increased By ▲ 0.12 (0.29%)
NBP 59.50 Decreased By ▼ -0.91 (-1.51%)
OGDC 192.35 Increased By ▲ 2.25 (1.18%)
PAEL 28.11 Increased By ▲ 0.28 (1.01%)
PIBTL 7.84 Increased By ▲ 0.01 (0.13%)
PPL 151.21 Increased By ▲ 1.15 (0.77%)
PRL 26.49 Decreased By ▼ -0.39 (-1.45%)
PTC 16.15 Increased By ▲ 0.08 (0.5%)
SEARL 83.48 Decreased By ▼ -2.52 (-2.93%)
TELE 7.77 Increased By ▲ 0.06 (0.78%)
TOMCL 35.42 Increased By ▲ 0.01 (0.03%)
TPLP 8.12 No Change ▼ 0.00 (0%)
TREET 16.05 Decreased By ▼ -0.36 (-2.19%)
TRG 53.15 Decreased By ▼ -0.14 (-0.26%)
UNITY 26.67 Increased By ▲ 0.51 (1.95%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
BR100 9,991 Increased By 106.9 (1.08%)
BR30 31,161 Increased By 561.2 (1.83%)
KSE100 94,150 Increased By 795.1 (0.85%)
KSE30 29,170 Increased By 239.4 (0.83%)

National Accountability Bureau (NAB) Khyber Pakhtunkhwa arrested Tehsin Ullah Manager NIB Bank, Ijaz Hussain and Ghulam Rasool owners of the land for not confirmation of BBA from Peshawar High Court (PHC). They are allegedly involved in corruption and corrupt practices and kickback/commission in acquisition of 840 Kanal land for Worker Welfare Board (WWB) for construction of labour complex at Mouza Shahi Bala District Peshawar, thus causing huge loss of Rs 200 million to provincial exchequer.
During the course of inquiry, it was revealed that accused Tehsin Ullah remained relationship manager and afterwards branch manager of NIB Bank, Shoba Chowk, Peshawar City, in the year 2012-13. The accused in connivance with other co-accused person operated different dormant bank accounts in order to circulate the bribe money.
The accused aided, abetted and facilitated other accused persons in smooth transfer of bribe/kickbacks money. The accused in connivance with other accused persons opened fake/fraudulent bank accounts, wherein the bribe/kickbacks amount was deposited and was further withdrawn in cash or transferred to relatives of other accused persons.
The bank accounts of Ibn-e-Amin, Saleem Khan and Mian Fazal Subhan were being operated by accused Tehsin Ullah in order to hide the trail of money.
Accused Ghulam Rasool and Ijaz Hussain Landowners with mala fide intensions and with ulterior motives in order to extract illegal amount from the state exchequer made underhand deal with accused Haider Ali Khan, Attorney Holder, officials of WWB and Revenue Deptt and sold/mutated excess land to WWB than his original share of land in Mauza Shahi Bala, Peshawar.
Accused Tehsin Ullah Manager NIB Bank City Branch Peshawar is also arrested in another Inquiry regarding corruption & corrupt practices in procurement of equipment by officers/officials of WWB KP and others. The accused person opened bogus accounts in the name of various firms and operated the same with frivolous intentions. He fraudulently received huge government funds through these bank accounts from illegal contractors of WWB and got commission/kickbacks.

Copyright Business Recorder, 2016

Comments

Comments are closed.