President upholds Banking Mohtasib’s order to refund lost money to victims of online fraud 

Islamabad, September 19, 2021 (PPI-OT):President Dr Arif Alvi has upheld the decision of the Banking Mohtasib in three similar cases, wherein it had ordered the banks to credit the lost money to their account holders in fraudulent digital transactions.

The complainants Najma Sultana, a retired teacher and widow; Zahid Shah, a technician of Pakistan Air Force and Tariq Mehmood Chaudhry, a semi-literate person, had filed petitions with the Banking Mohtasib against Habib Bank Ltd and United Bank Ltd on inadvertent transactions from their accounts.

The Banking Mohtasib in its separate orders had advised the banks to make good the loss of complainants by crediting the amount, which had been unauthorized debited from their accounts.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557
Email: info@moib.gov.pk
Website: http://www.moib.gov.pk