NAB initiates another inquiry against former NBP president

KARACHI: The National Accountability Bureau (NAB) has launched another inquiry against former National Bank of Pakistan (NBP) president Saeed Ahmed.

A joint investigation team of the anti-corruption watchdog has sought records from the NBP Board of Directors secretary.

An investigation is already underway against Saeed Ahmed over illegal appointments and promotions. Ahmed had allegedly appointed blue-eyed persons in the bank on the advice of influential persons in 2017.

NAB investigators have also sought details of promotions awarded to OG-III officers to SEVP position, besides approval notes of NBP board of directors.

Article continues after this advertisement

The details of the legal process for making appointments and promotions in NBP were also sought by the investigators. The anti-corruption watchdog asked the NBP management to provide records regarding advertisements for appointments and regulations for finalising salaries of the employees.

- Advertisement -


  1. If true than severe punishment should be given. Unfortunately, These people work for political parties and for personal gain. They do not think about the organization and the country.

  2. Yes my dear you put the straight forward statement. Politicians need to be publicly hanged for corruption. They have no regards for people and country. They make statements like hang the rapists,hang the dacoits but never hang the corrupt ones because these corrupt ones are the outlaws nurtured by the political parties

  3. I think Saeed Ahmed was among one of the best NBP Presidents in the history of the Bank. He led the bank through his personal examples of simplicity, commitment & professtional dedication. I guess his trial with NAB Authorities is more of his political attachment/past deeds..


Please enter your comment!
Please enter your name here

- Advertisement -

Must Read

Guaranteed amount for depositors revised to Rs0.5m

The State Bank of Pakistan (SBP) announced on Friday that the  Deposit Protection Corporation (DPC) has revised its guaranteed amount for all eligible depositors...