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Showing posts with label scam. Show all posts
Showing posts with label scam. Show all posts

SC orders to dig deeper into scam

CJ says Hajj corruption report unsatisfactory
ISLAMABAD: The Chief Justice of Pakistan Justice Iftikhar Mohammad Chaudhry Thursday described the report of Director General FIA Wasim Ahmad into Hajj scam as unsatisfactory and ordered comprehensive investigation into the scam. During hearing of the Hajj scam case, the court observed that the Director General FIA did not take any interest while the Interior Minister got the name of the main accused removed from the Exit Control List through an SMS.
It also observed that this is not a small thing and Azam Swati lost his ministry due to this scam. Justice Khalil-ur Rahman Ramday observed that if he had been the head of DG FIA, he would have sent him to jail. Judge advised Advocate Latif Khosa not to try to turn the court into a political field.
While ordering payment of 700 Riyals each to the pilgrims of Maktab -5 the seven member bench adjourned the hearing till 11th of January.
Former Minister Azam Swati submitted before the court that he was not satisfied with the inquiry of the FIA and termed it as unsatisfactory.
Azam Swati’s lawyers said that the two witnesses in the Hajj scam Abdul Rehman and Farooq are in Saudi Arabia and they are unable to get security in Pakistan. Chief Justice said that DG FIA has retired and he is on contract employment, his job is at the mercy of the Government and thus was not taking interest in Hajj scam.

India probes Citibank staff fraud

NEW DELHI: Indian police said on Wednesday they were investigating Citibank staff in Gurgaon, a booming satellite city outside New Delhi, over a multi-million-dollar scam targeting wealthy clients. Employees at the bank in Gurgaon, where many international companies are based, allegedly forged letters to sell a fake investment scheme to about 40 wealthy clients, the Economic Times newspaper reported.
Nearly 4 billion rupees (88 million dollars) was handed over, according to the paper. The alleged fraud came to light earlier this month when one of the clients mentioned the scheme to a senior bank manager. Citibank and police confirmed the probe but gave no further details.
The investigation is the latest financial scandal to hit India.
Last month several senior executives of state-run banks and an insurer in Mumbai were arrested over bribes totaling more than 200 million dollars paid to sanction loans to property developers. -Agencies