The National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Sunday arrested five officials of Zarai Taraqiati Bank (ZTBL) over alleged involvement in the misuse of authority and embezzlement of Rs 220 million funds.
According to statement, KP NAB has arrested Khushdil Khan Manager/AVP, Binyamin Khan MCO/OG-I, Zari Gul MCO/OG-II, Sajjad Mehmood MCO/OG-I and Muhammad Fayaz Teller/Sr Assistant of Zarai Taraqiati Bank Limited (ZTBL) Serai Naurang Branch, Lakki Marwat. They are allegedly involved in embezzlement/fraud of Rs 202 million against fake passbook/fictitious transactions.
As per details, Zarai Taraqiati Bank Limited advance loans to landholders who have cultivable land while loans on un-cultivable were not allowed as per law. In the instant case the accused persons have sanctioned and disbursed loans to landless formers/persons and they were shown as shareholders in Shamelat Land of Serai Naurang, Lakki Marwat.
During the course of inquiry it was revealed that the accused persons in connivance with each other lured innocent people on the pretext of Benazir Income Support Programme and got their photographs, copy of CNIC and thumb impression fraudulently on the loan case files of ZTBL.
They were paid Rs 5000 to Rs 20000 while illegally and fraudulently sanctioned millions of rupees of agriculture loan. It is pertinent to mention here that during the course of interrogation the so-called borrowers/beneficiaries of the case denied receiving any The agriculture loan and instead stated that they were paid the Banazir Income Support Programme assistance.
NAB Khyber Pakhtunkhwa is actively pursuing the investigation and role of those who are involved in this case is also expected to be unearthed. The accused persons will be presented in the Accountability Court for obtaining their physical remand.