Karachi: Bank’s cashier apprehended in fraud case

Karachi: A bank’s cashier has been apprehended in banking fraudulent to steal more than Rs30 million.

According to the details, the commercial banking circle of the Federal Investigation Agency (FIA) raided in which the accused involved in banking fraud was arrested.

According to the director of FIA Zaeem Iqbal, the accused was appointed as a cashier in a private bank’s branch located in Saddar, Karachi. The accused and his crime partners snaffled in transit cash.

The accused collectively purloined Rs32.978 million and issued fake cash transit to various branches under the guise of excess cash. They also issued transit cash entries without permission.

In the initial investigation, any kind of request to acquire cash was not being received by the following branches of banks. The accused ones did not give the money to the following van for cash transition after the cash entry.

According to preliminary investigation, no request was received from the aforementioned branches. The accused did not even hand over the aforementioned cash transit to the relevant van after the cash entry. Fake cash entries were made in May, June and July last year.

It is to be noted that the accused Ghulam Muhammad is being investigated by the police while on the other hand, the police is raiding in search of the others.