Accountability Courts Convicts Two Including A Banker For Embezzlement

Accountability Courts convicts two including a banker for embezzlement

Accountability Court of Karachi here on Wednesday sentenced five years rigorous imprisonment and Rs 15 million and Rs 10 million each to Sheikh Mohammad Asghar and Nazir Ahmed Toni accused of usurping state property and embezzlement of public money

KARACHI, (UrduPoint / Pakistan Point News - 16th Jan, 2019 ) :Accountability Court of Karachi here on Wednesday sentenced five years rigorous imprisonment and Rs 15 million and Rs 10 million each to Sheikh Mohammad Asghar and Nazir Ahmed Toni accused of usurping state property and embezzlement of public money.

The two were convicted under Reference No.65/2007, 66/2007.

67/2007 and 16/2009 with case titled as State vs Sheikh Mohammad Asghar and others.

Case of depositing pay order meant for Excise and Taxation Department in fake account for personal gain against the accused was well established by the public prosecutors leading to conviction announced by the court, said a government spokesman.

According to details the branch account was opened by Nazir Ahmed Toni as the Bank Manager of the National Bank of Pakistan, Dockyard branch, Karachi.

The prosecution made out the case against accused of illegally depositing pay order worth Rs.3,035,102/- issued by Pakistan Steels.