“Tahir Ahsan, the president of Sindh Bank, was arrested in the fake accounts case from Karachi,” according to a brief statement issued by the anti-graft body.
Other suspects, namely Syed Nadeem Altaf — who is the executive vice president of Sindh Bank — and Bilal Sheikh, a former president and current director of Sindh Bank were also apprehended.
“The accused persons will be produced before the respected Accountability Court in Karachi for the grant of transit remand. After remand from the court, the accused persons will be shifted to Islamabad as per law,” read the statement. According to the corruption watchdog, the arrests were made by NAB in Karachi in coordination with the bureau’s Rawalpindi team and on the orders of the bureau chairman.
The fake bank accounts case involves alleged money laundering worth billions of rupees through 29 accounts, which were found opened in three banks — Summit Bank, Sindh Bank and United Bank Ltd.