Bank manager jailed in Rs 60 mln bank fraud case.

QUETTA -- Accountability court Quetta on Friday sentenced a Bank Manager to a total of 05 years in prison and imposed a fine of Rs 60 million in a bank fraud case.

Dost Mohammad Nasar, Bank Manager of a private Bank Quetta was facing charges of embezzlement in the amount deposited by the account holders.

Accountability Court Quetta Judge Aftab Ahmed Lone announced the verdict while prosecutor NAB Dawood Jan appeared on behalf of NAB.

As per details, in response to the complaint lodged by over 60 victims, account holders of a private bank, NAB launched an investigation against the Bank Manager of the Meezan Chowk branch of the private bank Quetta.

The investigation carried out by investigation officer Fayaz Afzal revealed that accused Dost Mohammad Nasar had adopted an illegal channel of parallel banking and by misusing his authority committed fraud. By cheating the public at large, he misappropriated the number of account holders to the tune of about Rs 60 million.

In the light of the evidence against the accused...