Bank officials involved in fake accounts opening: Justice Asif Saeed Khosa

The Supreme Court of Pakistan Chief Justice Asif Saeed Khosa said on Tuesday transactions through fake accounts is a crime and bank officials are involved in opening fake accounts.

The chief justice was hearing a case related to fake accounts submitted by a bank official.

The chief justice said, opening of fake accounts is not possible without the involvement of bank officials.

He said, accounts are not opened without a verification process.

The trial court had sentenced Anwar Ayub to three years in prison in a fake account case.

The accused opened the account with Rs100,000 and the amount turned into Rs 900,000.

The Chief Justice Asif Saeed Khosa said, a three-year sentence was quite less in the case.