Punjab Bank Phalia Road Branch manager draw 35 crore from accounts and leave the country

Mandi Bahauddin (Sher Gondal) : Manager of Punjab Bank Phalia Road Branch has fled away after illegally drawing cash of Rs 35 crore from customers’ accounts.

Account holders reported the matter to local police for registering case against the manager for misappropriating their hard earned money but police did not act on the plea that it was a case of FIA.

In the meantime the Manager namely Sadaqat Ali managed to leave the country and went abroad.

The account holders to vent out their anger held protest demonstration on Phalia road and blocked the road. They said it was the biggest fraud in Mandi Bahauddin’s history of depriving citizens of their savings deposited in the bank.

They appealed to Chief Justice of Pakistan to take suo moto notice of the incident and order the bank management to return their deposits.