Police save five banks from Rs800 million financial fraud

KARACHI   -   Five private banks have been saved from facing financial fraud worth over Rs800 million following the prompt action of Malir’s Bin Qasim police, it was learnt on Saturday.

Police officials have exposed the reality behind an alleged rice theft which could give a financial dent worth over Rs800 million to five private banks after providing finance against the pledge to the mill owner. Senior Superintendent Police (SSP) Malir Irfan Bahadur told the media that the stocks of rice worth millions of rupees have been recovered. He detailed that a mill owner Nand Lal had acquired a pledge loan from five private banks against the stocks of rice stored in the godown.

The accused has kept transferring the rice stocks to other godowns from March 27 to 29, using hundreds of trucks to shift sacks of rice. On the other hand, the persons appointed by the banks were asked to go on leave, said the police officer. Bahadur said that the banks registered five cases of rice theft with the police. The prime suspect Nand Lal committed the theft and financial fraud with the assistance of his aide Akash Kumar. SSP Malir said that both accused have absconded allegedly after the crime and raids are being conducted to arrest them.

Police nab wanted drug dealer, recovers 22kg hashish 

The Karachi police on Saturday claimed to have arrested mot wanted drug dealer and recovered more than 22 kilogram hashish from his possession in Steel Town area of the city. 

According to police, a team of Steel Town police conducted a raid on a tip-off near National Highway and arrested most wanted drug peddler Nasir Khan. 

The arrested accused Nasir Khan’s name was also included in the list of most wanted drug dealers by the police. The accused was carrying drugs worth millions of rupees for supply in the city, the police claimed. The accused used to supply drugs to drug dealers in different parts of the city. A case has been registered against the arrested accused. The accused is being questioned about more drug buyers.

Police arrest most wanted target killer 

The Karachi’s Baghdadi police on Saturday claimed to have arrested an accused involved in target killings, robberies and street crimes and wanted to police in several cases. 

According to the police, a team of Baghdadi police headed by Station House Officer (SHO) conducted raid on the directives of Senior Superintendent of Police (SSP) City Sarfaraz Nawaz in the area and arrested the accused Zakir son of Muhammad Younis.

The arrested accused was involved in numerous incidents of targeted killing, robbery and street crimes in different area of country. The police said to have recovered three pistols 30 bore with six magazines, 50 rounds and two mobile phones from the possession of arrested accused. The arrested accused used to commit street criminal robberies and targeted killings in most cities of the country, SSP City. The arrested accused is a habitual and professional target killer. The accused revealed during interrogation that several cases like murder and attempted murder have been registered against him in the police stations of different cities of the country, said SSP City.

The arrested accused also used to rob most of the city’s mobile franchises, SSP City said in a statement. The accused has also been jailed several times. The accused sold his arms after the target killing, the police said. The SSP City said that more than 20 FIRs were registered against the accused at different police stations of the country. The arrested accused revealed that dozens of cases have been registered against him in different police stations of Rawalpindi Punjab, SSP City said. FIR No.217/2021 under Section 23 (i) A has been registered against the accused.

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