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

ISLAMABAD: 11,SEPTEMBER,2019: 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 court after his physical remand ended today.

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. 

Read more: https://onlineindus.com/english/Ex-vice-president-of-Sindh-Bank-Nad...

Pakistan Breaking News

Views: 124

Comment

You need to be a member of PakAlumni Worldwide: The Global Social Network to add comments!

Join PakAlumni Worldwide: The Global Social Network

Pre-Paid Legal


Twitter Feed

    follow me on Twitter

    Sponsored Links

    South Asia Investor Review
    Investor Information Blog

    Haq's Musings
    Riaz Haq's Current Affairs Blog

    Please Bookmark This Page!




    Blog Posts

    Iron Brothers China and Pakistan Celebrate 75 Years of "Unbreakable" Friendship

    President Xi Jinping and Prime Minister Shehbaz Sharif have met today in Beijing to reaffirm the "unbreakable" bond between their two "iron brother" countries on the 75th anniversary of the establishment of the China-Pakistan diplomatic ties. "No matter how the international landscape may evolve, China will always place priority on the development of China-Pakistan relations in its diplomacy with neighboring countries," he said. Over 7 decades of friendship witnessed Pakistan help…

    Continue

    Posted by Riaz Haq on May 25, 2026 at 8:30pm — 1 Comment

    Pakistani-American Franchisee Joins Bid to Acquire Papa John's Pizza

    A Pakistan-American franchisee has joined a Qatari-backed investor group's bid to buy out the US-based Papa John's Pizza restaurants chain. Nadeem Bajwa started his part-time job in 1991 as a pizza delivery driver for Papa John's while attending college in Indiana. He has since risen to become the largest franchisee with nearly 300 restaurants across the United States. Bajwa's backing could help Irth, which is also backed by Brookfield Asset Management, in its $47 a share pursuit of…

    Continue

    Posted by Riaz Haq on May 18, 2026 at 10:00am

    © 2026   Created by Riaz Haq.   Powered by

    Badges  |  Report an Issue  |  Terms of Service