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.