Fake accounts cannot be opened without assistance from bank, CJP


Asif Saeed Khosa, the Chief Justice of Pakistan, revealed that the opening of fake accounts cannot be possible without the assistance of bank officials.

CJP Asif Saeed Khosa gave the strong statement regarding the fake accounts. He said it while hearing a case related to opening of fake accounts. The apex court was hearing the case on the plea submitted by Senior Assistant Bank Mohamad Anwar.

During the hearing, the CJP said that carrying out transactions through fake accounts is a huge crime. He said that an account was opened with RS 100,000 and somehow turned the amount into Rs 900,000. He further added that the accounts are not opened without verification process and a three-year sentence was quite less in the case.

In the case, the trial court had sentenced Anwar Ayub to three years in prison and Rs 0.8 million in fine. In another case, the court gave an eight-year sentence. The high court, however, shortened the sentence to three years.


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