Acting on an FIR lodged against Mr. Danish Elahi sole-proprietor of M/s. Elahi Group of Companies and few ex-employees of Bankislami in a case pertaining to irregularities/suspicious transactions found in their accounts, the FIA has arrested the prime accused along with few former employees of BankIslami Pakistan Limited. The magistrate has given their remand.
Evidence of embezzlement of funds and assets has already been established against the accused.
Elahi Group is also in default of PKR 1.4 billion (approx.) of the bank and FIA is also conducting a separate inquiry of wilful default against them.
Leave a Reply

Your email address will not be published. Required fields are marked *

Sign Up for Our Newsletters

Get notified of the best deals on our WordPress themes.

You May Also Like

Dolphin Force Officials Suspended for TikTok Video at Notorious Land-Grabber’s House

Four members of the Dolphin Force, an elite unit within the Punjab…

AKU’s Brain and Mind Institute joins hands with Synapse

Synapse – Pakistan Neuroscience Institute, National Academy of Performing Arts (NAPA), British…

PTI Event Triggers Nationwide Social Media Blackout in Pakistan

Internet monitor Netblocks has reported a widespread disruption in social media platforms…