FIA Arrests Former Bank Manager at Lahore Airport Over Alleged Rs. 10 Million Fraud

Meanwhile, the Federal Investigation Agency (FIA) has arrested a former bank manager at Lahore airport upon his return from the United Arab Emirates in connection with an alleged Rs.

Key points

• The agency's Anti-Corruption and Economic Crimes Wing in Faisalabad carried out the arrest through a team headed by Sub-Inspector Ajmal Hussain.
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• An FIA spokesperson identified the suspect as Imran Sajid, a former manager of a private bank's MA Jinnah Road branch in Okara.
• According to the FIA, Sajid and an accomplice allegedly persuaded Okara resident Rehmat Ali to invest Rs.
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Meanwhile, an FIA spokesperson identified the suspect as Imran Sajid, a former manager of a private bank's MA Jinnah Road branch in Okara. He had been declared a proclaimed offender, and his name was on the Passport Control List. FIA to Support Recover Rs. 49 Million After 16 Years.

Notably, the agency's Anti-Corruption and Economic Crimes Wing in Faisalabad carried out the arrest through a team headed by Sub-Inspector Ajmal Hussain.

According to the FIA, Sajid and an accomplice allegedly persuaded Okara resident Rehmat Ali to invest Rs. 10 million by promising high returns. Instead of depositing the funds into the bank, they allegedly misappropriated the funds.

When Ali demanded repayment, the suspects allegedly returned Rs. 2.5 million in cash and issued a cheque for another Rs. 2.5 million, which was afterwards dishonored. The FIA additionally identified a further Rs. 5 million as outstanding.

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Notably, a case was registered after an inquiry into Ali's complaint. It includes provisions of the Prevention of Corruption Act and the Pakistan Penal Code relating to corruption, criminal breach of trust, and cheating.

Further investigation is underway to establish the role of other individuals allegedly involved in the fraud. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover.

For now, FIA Arrests Former Bank Manager at Lahore Airport Over Alleged Rs. 10 remains the part of the story worth watching, and further updates are likely as more details are confirmed.