The Accountability Court (AC) Peshawar in reference filed by NAB Khyber Pakhtunkhwa convicted accused Muhammad Irfan, Chief Cashier Al-Baraka Bank and Qazi Wajid, Cashier Al-Baraka Bankof Peshawar for a term of three years Rigorous Imprisonment (RI) each and imposed a fine of Rs 52 million for embezzlement in SNGPL utility bills.
During the course of investigation it was revealed that the convicts in connivance with each other embezzled utility bills of SNGPL collected from the customers at the bank cash counters by crediting less amount than actual scrolls dispatched to SNGPL during the period from 2009-2014 resulting in shortfall of the SNGPL funds.
Both convicts used their Bank Employee Identification Number for transfer of lesser amount. The Accountability Court No 4 Peshawar after taking cognizance of the case proceeded with the trial. After conclusion of trial, the learned trial convicted both culprits.
It is pertinent mentioning here that both convicts were also involved in parallel banking and pocketing an amount of Rs 6.6 million embezzled in various utility bills of different departments which is already recovered from them.
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