Published On: Thu, Sep 12th, 2019
Published in Category: Corruption

Fake accounts case: Ex-Sindh Bank vice president Nadeem Altaf becomes approver

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ISLAMABAD: In a latest development in fake bank accounts case, former executive vice president of Sindh Bank Nadeem Altaf on Wednesday has become approver and confessed to have committed embezzlement.

According to details, Nadeem Altaf was produced before the accountability court judge Muhammad Bashir after his physical remand ended on Wednesday.

During the proceedings, the accused told that he had given Rs one billion loan to the fake companies working under Omni group. He said that he is ready to cooperate with the National Accountability Bureau (NAB) in the probe. The magistrate ordered to record the statement of the accused.

Meanwhile, the anti-corruption watchdog has also requested for the release of the accused after he become approver in the case.

The court has accepted the plea of Nadeem Altaf for becoming approver in the fake bank accounts case. The court has ordered release of Nadeem Altaf. Now he will appear before the court in the case as approver.

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