President Alvi directs NBP to return Rs 87,000 to banking fraud victim

President Dr Arif Alvi has directed the National Bank of Pakistan to return a sum of 87,000 rupees to an illiterate account holder who was defrauded out of her money by the bank staff. Taking advantage of her illiteracy, the banking staff used to withdraw more cash from her account and used to handover only 3 to 5 thousand rupees to her while keeping the rest of the withdrawn cash. Rejecting a representation filed by NBP against the orders of the Banking Mohtasib, President also directed NBP to take action against those employees who exploited an illiterate woman and be on guard against such fraudsters.