Emp Name & #

Functional Title
Branch
Grade
Date of Joining
Type of Incident
Financial Exposure
DAC decision
Settlement Status

Shafaqat Nazir (Emp # 7575)

Collection officer
Wazirabad Branch, Wazirabad
13
May 06, 2008
Fake Settlement Letter Issued to Customer
NIL
Terminated
Settled / Closed

Background of the case:

On August 20, 2014, a customer has registered a compliant that he made a
settlement for his outstanding loan in January, 2014, and paid the settlement
amount of Rs 44,300/- in three (03) installments, as per the schedule mentioned in
provided settlement letter.
It has been revealed that the payment was deposited by the customer on the basis
of fake settlement letter which was issued by Shafaqat Nazir and ex-staff Waqas
Tahir.
Based on the above, disciplinary action has been initiated against him and he
participated.
Charge against Shafaqat Nazir
Shafaqat Nazir along with ex-staff (Waqas Tahir) have issued Fake settlement letter
to the customer Muhammad Bashir, resultantly the payment was made by
customer, but the settlement is still pending in Banks record.
Disciplinary Action Committee (DAC)
The Disciplinary Action committee after reviewing the case has decided to
Terminate Shafaqat Nazir from the Banks service on November 18, 2014.
Plea:
Shafaqat Nazir has requested competent authority to revoke his termination and
convert into resignation on following grounds:
1. He had maintained overall good track record throughout in his career.
2. He obeyed all policies and procedures of the bank during his stay with the NIB
Bank.
3. He played good role in maintaining disciplined environment in his respective
branch.
LHRC Decision

Emp Name & #

Abrar Javed Rana (Emp # 11940)
Functional Title
Area Manager BCOT
Branch
G.T.Road, branch, Gujranwala
Grade
9
Date of Joining
May 02,2013
Type of Incident
Physical scuffling and assaulting inside branch
Financial Exposure
NIL
DAC decision
Exit from Services
Background of the case:
On October 23, 2014, an undue incident of assaulting & scuffling took place at AlHameed Center Branch, Gujranwala, While Abrar Javed has demanded to handover
the customers cheque book in absence of customer from the Branch Operation
team, which is against the Banks Policy & Procedures.
It has been observed that Abrar accompanied with his subordinates has used
abusive language while his subordinates (Asif Ali Dar-Third Party Staff & Farzeen
Anjum-FTE) had physically scuffled with Muhammad Imran Bhatti (BOM) in presence
of Mushtaq Ahmed (BM) and other Branch staff members. The media & local police
were also called in the Branch premises by Asif Dar.
Based on the above, disciplinary action has been taken against the responsible
staff.
Asif Ali Dar (who accompanied Abrar Javed Rana) has been issued released letter
dated 26 Nov, 2014, through Third Party Contractor on the above act.
Farzeen Anjum (accompanied Abrar Javed Rana) has been exited from service.
Charge against Abrar Javed Rana:
1. Abrar Javed Rana pressurized and demanded customer cheque book from the
branch Operation staff.
2. Used Abusive language to CSO & BOM in presence of other staff.
3. Accompanied his Subordinates and physically scuffled with Branch Operation
Manager.
Abrar Javed Rana was a main cause of the incident, where he invited other staff to
accompany him and created undue situation, although he knew that he was
requesting customer cheque book from CSO which is against policy & procedure of
the Bank.
Disciplinary Action Committee (DAC):
The Disciplinary Action committee after reviewing the case decided to Exit Abrar
Javed Rana from service with immediate effect.
Plea:
Abrar Javed Rana has requested competent authority to revoke his Exit from
services and re-instate him on the same position as Area Manager BCOT on the
following grounds:

He performed the assigned Job with dignity and respect and in accordance to the
management expectation and I have been promoted during my tenure.

He asked CSO to handover the cheque book of his cousin, but after refusal, he
followed defined policy and took his cousin to the bank for cheque book
collection.

He did not scuffle with any branch staff, however, he personally apologized on
the incident.

He requested Management to re-instate him on job and assured that he will

adhere the Bank policies with honesty and in the true spirit in future.
He was the one who tried his best to solve out the matter amicably.
Emp Name & #
Rizwan Shahzad (Emp # 10850)
Functional Title
Counter Service Officer
Branch
Post Mall Branch, Islamabad
Grade
14
Date of Joining
September 30, 2014
Type of Incident
Negligence in clearing report
Financial Exposure
736500/DAC decision
Stern Warning letter + 20% of total financial loss
Background of the case:
On April 08, 2014, a customer deposited three cheques amounting to PKR 245,500/each drawn on MCB Sargodha Road Branch, Faisalabad into customer account
maintained at NIB Bank Ltd (I-10 Branch, Islamabad). On April 11, 2014 the
cheques were presented by the NIFT to MCB, Faisalabad which were returned unpaid
due to insufficient funds and same status has been uploaded on NIFT portal.
On April 11, 2014, CSO- Rizwan Shahzad through email has shared wrong status of
intercity clearing realization and subsequently funds were transferred into Intercity
clearing Account of I-10 Branch, Islamabad which was posted by CSO & Supervised
by BSDM without checking the NIFT report of intercity return. On April 15, 2014,
customer withdrew 550,000/- in shape of cash and PKR 250,000/- via fund transfer.
However after withdrawal branch received returned status through email.
Based on the above, disciplinary action has been initiated against the involved staff
in DAC meeting.
Name

Designat
ion

Sohail Sardar

BSDM

Talat Mehmood
Raja Atiq Ur
Rehman

BSDM
CSS

Branch
Post Mall Branch
I-10 Markaz
Branch
I-10 Markaz
Branch

Punishment
Stern warning letter +30% of
financial loss
Stern warning letter +30% of
financial loss.
Stern warning letter +20%
financial loss.

Charge against Rizwan Shahzad

He posted and shared wrong status of intercity clearing realization of the cheques
without checking NIFT clearing report and subsequently, funds were transferred into
Intercity clearing account of I-10 Markaz Branch Islamabad. Due to this bank has
suffered a financial loss.
Disciplinary Action Committee (DAC)
The Disciplinary Action committee after reviewing the case decided to issue Rizwan
Shahzad Stern Warning letter + recovery of 20% of the total financial loss.
Plea:

of

Rizwan Shahzad has requested competent authority to withdraw the penalty

amount 147,300 and accept his appeal on following grounds:

At the time clearing settlement transferred to main branch from CCU, intercity
clearing is balanced and all other 11 branches are balanced but CCU member
wrongly posted intercity clearing entries upon the instruction of ROM clearing
transferred back to main branch unbalanced.
He posted that transactions after getting permission from BOM, who also
supervised after complete checking
In this case BOM and CSS provide customer a special favor which made them in
that situation not him.
He is a salaried person and running his family on just Rs.23,500/- per month and
completing his MBA Program, it is very difficult for him to pay this huge amount
Rs.147,300/-.

LHRC Decision
Emp Name & #
Functional Title
Branch
Grade
Date of Joining
Type of Incident
Financial Exposure
DAC decision
Background of the case:

Sohail Sardar (Emp # 3027)

Branch Service Delivery Manager
Post Mall Branch, Islamabad
9
August 01, 2007
Negligence in clearing report
736500/Stern Warning letter + 30% of total financial loss

On April 08, 2014 a customer deposited three cheque amounting to PKR 245,500/each drawn on MCB Sargodha Road Branch, Faisalabad into customer account
maintained at NIB Bank Ltd (I-10 Branch, Islamabad). On April 11, 2014 the
cheques were presented by the NIFT to MCB, Faisalabad which were returned unpaid
due to insufficient funds and same status has been uploaded on NIFT portal.
On April 11, 2014 CSO- Rizwan Shahzad through email has shared wrong status of
intercity clearing realization and subsequently funds were transferred into Intercity
clearing Account of I-10 Branch, Islamabad which was posted by CSO & Supervised
by BSDM without checking the NIFT report of intercity return. On April 15, 2014,
customer withdrew 550,000/- in shape of cash and PKR 250,000/- via fund transfer.
However after withdrawal branch received returned status through email.
Based on the above, disciplinary action has been initiated against the involved staff
in DAC meeting.
Name

Designat
ion

Rizwan Shahzad

CSO

Talat Mehmood
Raja Atiq Ur
Rehman

BSDM
CSS

Branch
Post Mall Branch
I-10 Markaz
Branch
I-10 Markaz
Branch

Punishment
Stern warning letter +20% of
financial loss
Stern warning letter +30% of
financial loss.
Stern warning letter +20%
financial loss.

of

Charge against Sohail Sardar

He did not check the NIFT clearing return report and supervised the posting;
subsequently, funds were transferred into clearing account of I-10 Markaz Branch
Islamabad. Due to this act bank has suffered a financial loss.

Disciplinary Action Committee (DAC)

The Disciplinary Action committee after reviewing the case decided to give Sohail
Sardar Stern Warning letter + 30% of total financial loss.
Plea:
Sohail Sardar has requested the competent authority to withdraw the penalty
amount Rs.220,950/- and requested to accept his appeal on following grounds.

At all time, he worked for betterment of this organization and whole heartedly
since his joining.

He put all his efforts for recovery of the amount by meeting several times with
the customer and he was very much hopeful that some amicable solution could
be sorted out for recovery of funds.

He is a salaried person and the sole earning resource of his family and parents,
as his mother is also a patient and under treatment from last many months, it is
not possible for him to pay such huge penalty amount.

He requested to spare the penalty amount as it will not only disturb his budget
but also effect his parents further treatment.

LHRC Decision

Emp Name & #

Functional Title
Branch
Grade
Date of Joining
Type of Incident
Financial Exposure
DAC decision
Settlement Status

Khushbakht Aziz (Emp # 10833)

Counter Service Officer
Nowshera Branch, Nowshera
12
October 10, 2011
Abnormalities/ Irregularities
No
Terminated
Settled / Closed

Background of the case:

Some abnormalities/ irregularities have been carried out at Nowshera Branch,
during FRMU investigation, it was observed that few Benami accounts were
operating in the branch. In these particular accounts, real beneficiaries are not the
one in whose name the accounts were opened which as a result, deliberately
opening of such accounts and then wrong issuance of cheque books by the branch
staff not only exposed the bank from financial risk but also committed violations of
standard operating procedures.
On August 12, 2014, a customer named Mr. Daud Khan holding account no.
12398646 visited to Nowshera branch for the deposit of Rs 1,350,000/- he handed
over the cash amounting to PKR 1,353,000/- along with the deposit slip of PKR
1,350,000/- to cash counter and after few minutes, cash shortage of Rs 500/- was
informed to him instead of returning back the excess amount i.e. Rs. 3,000/Disciplinary action has taken against the following staff of the branch.
Name

Designation

Sohrab Javed

BM

Punishment
Stern Warning Letter +
Counseling

Saif Ul Islam

BSDM

Rashid Inam

RM

Usman Baig

ARM

Afia Iftikhar

ARM

Amjad Ullah

CCR

Stern Warning
Counseling
Stern Warning
Counseling
Stern Warning
Counseling
Stern Warning
Counseling
Stern Warning
Counseling

Letter +
Letter +
Letter +
Letter +
Letter +

Charge Against Khushbakht

1. Khushbakht Aziz was involved in tax evasion practice by facilitating the
customer.
2. On June 02, 2014, Khushbakht Aziz has facilitated customer by giving cash of
more than Rs 500,000/- without receiving any instrument, whereas, no cash
withdrawal entry was observed.
3. Khushbakht Aziz posted transactions where the depositing cash by means of
numerous deposits slips by customer to avoid currency Transportation Report.
4. On Aug 12, 2014, Khushbakht Aziz has pocketed excess amount of PKR 3000/- of
customer.
Disciplinary Action Committee (DAC)
The Disciplinary Action committee after reviewing the case decided to Terminate
Khushbakht Aziz from the Banks service.
Plea:
Khushbakht Aziz has requested the competent authority to revoke her termination
and convert into resignation on following grounds:

The main case of Benami accounts was whistle bellowed by Khushbakht herself.
In June 2014, she blew the whistle, thereafter her Manager got personal, where
he planned a cash pocketing case of Rs. 3000/- against her.
Khushbakht Aziz got trapped in the planted case.
Bank had suffered no financial loss, because amount has been recovered on the
spot.
She is having two years old daughter and her husband who is also jobless these
days.
She devoted her knowledge and credential to serve in the best interest of the
organization.
Keeping in view her honesty in whistle blowing about the main case (Benami
Accounts) in which bank was saved from potential loss.
She requested management to please consider her resignation instead of
termination.

LHRC Decision

Emp Name & #

Functional Title
Branch
Grade
Date of Joining
Type of Incident
Potential Loss
DAC decision
Settlement Status

Humair Ghani (Emp : 11516)

Counter Service Officer
PIB Colony Branch, Karachi
13
10-October-2012
Transactions without Vouchers/Instruments
3.69M
Terminated
Settled / Closed

Background of the case:

Third party cheques / dividends warrants issued by financial / non-financial institution were
fraudulently collected & credited in the customer Iqbal Hussain / Taqi Hassan & Bashir
Fatima (a deceased customer) accounts maintained at NIB Bank Jamshed Quarter Branch &
Hyderi Branch respectively.
In this particular fraudulent scam, an amount of PKR 3.69 Million was involved from the
period 7th May 2013 till 27th October 2014. Total 136 instruments which include outward
clearing cheques, dividend warrants and payment orders were used which were fraudulently

withdrawn initially by posting in suspense/shadow accounts and were subsequently posted

in Syed Muhammad Ali Abdis(BSDM) relative accounts.
Based on the above, disciplinary action has been initiated against the following staff.
Name

Punishment

Syed Muhammad Ali Abdi

Designation
Branch Service Delivery
Manager

Kamran Mubeen

Branch Manager

Resignation Accepted

Dismissed

Charges against Humair Ghani

1. He was involved in providing wrong stamped counter deposit slips to customers.
2. He failed to scrutinize Original instruments of non-account holders of NIB Bank before
posting in system and process the outward clearing cheques.
3. He has executed number of unauthorized transactions of Fund Transfer (FT) to support
customers & Syed Muhammad Ali Abdi BSDM in TAX evasion practices.
4. He did not perform reconciliation with respect to the cheques against the deposit slips
and have violated the defined Branch Operations procedures.
5. He had performed number of unauthorized transactions from ATM Machine by using
Debit card of Iqbal Hussain / Taqi Hassan.

Disciplinary Action Committee (DAC)

The Disciplinary Action committee after reviewing the case decided to Terminate Humair
Ghani from Banks service.

Plea:
Humair Ghani has requested the competent authority to revoke her termination and convert
into resignation on following grounds:
1. He was not involved in any criminal act and not the part of Mr. Abdis illegal transactions
and was also not expecting these types of illegal activities from Abdi.
2. He is a very needy & belongs to a poor family, he need to look after his family expenses
including medical of his parents, sisters education, grocery and some other expenses.
3. His father was a driver of contract carriage and due to heart disease he is not able to
drive and get retired from the duty.
4. He has to solely look after his parents, spouse, baby, and unmarried sister.
5. He is humbly requesting the management to consider his request with soft heart.

Emp Name & #

Functional Title
Branch
Grade
Date of Joining
Type of Incident
Financial Exposure
DAC decision
Settlement Status

Farrukh Shahid (Emp # 6506)

Associate Relationship Manager
Gulshan-e-Iqbal Branch
13
April 03, 2008
Cash Pocketing
1.137M
Dismissed
Settled / Closed

Background of the case:

The customer launch complaint that he deposited 50,000/- whereas Rs.5000/reflecting in his account, it has been further noted that another customer who
issued cheque for Rs. 25,000/- but his cheque was tempered and Rs. 125,000/- were
debited from his account. Five more customer complaint with whom approximately

Rs 1.137M were taken by the branch staff to deposit in their respective accounts but
that amounts were not deposited. Farrukh Shahid has pocketed Rs. 500,000/- out of
1.137M.
The case of pocketing of cash from branch till, misuse of initial deposits and
unauthorized/unlawful alteration in amount of deposit slips and cheques were
identified at Gulshan-e-Iqbal branch.
A Show Cause Notice was issued followed by disciplinary process.
Disciplinary Action Committee has decided to dismiss Farrukh Shahid as charges
against him stands proved.
Against the decision of DAC, he filed an Appeal in LHRC that was declined on dated
Mat 23, 2013, at present he has filed mercy petition before the president.
Charge Against Farrukh Shahid
He embezzled/pocketed funds from customers and either deposited short amount or
withdrew more than the mentioned amount by tempering deposit slip.
Disciplinary Action Committee (DAC)
The Disciplinary Action committee after reviewing the case decided to Dismissed
Farrukh Shahid from Banks service.
Plea:
Farrukh Shahid has requested the competent authority to revoke his dismissal and
convert into resignation on following grounds.
1. He sincerely apologized for the whole mistake during his banking career in
NIB.
2. He is facing financial crises as he is the only earning resource of family
supporting widow mother, one younger brother and seriously ill wife, as her
condition is very critical.
3. He is jobless from last one year and had sold all material goods for his wife
treatment.
4. He requested for the sake of humanity to accept his resignation so he can
start his new career and work honestly in future.
Emp Name & #
Functional Title
Branch
Grade
Date of Joining
Type of Incident
Financial Exposure
DAC decision

Shafiq Ahmed (Emp # 11655)

Counter Service Officer
Shahabpura Branch, Sialkot
13
November 29, 2012
Violation of Polices & Procedures
US$ 13,000/Warning letter + 30% recovery of financial loss

Background of the case:

On August 06, 2014, an amount of US$ 13,000/- was remitted to Bank of China through a
SWIFT message on behalf of A/C # 14256668, Title Fan Junyang but branch did not debit
customer account nor kept any supporting documents against this transaction.
Based on the above, disciplinary action has been taken against the following staff.

Name
Mirza Javed Iqbal

Designation
Branch Service Delivery
Manager

Punishment
70% of recovery financial
loss

Saqlain Ul sabah

Trade Finance Officer

Warning letter

Charge against Shafiq Ahmed

1. Shafiq Ahmed has not been preparing SWIFT messages, where it is clearly mentioned
that only operation department is responsible to prepare whereas, this activity was
performed by the unauthorized staff (Saqlain Ul Sabah - TFO).
2. On August 06, 2014, Shafiq Ahmed has returned cheque & fund transfer from to
customer, whereas he was aware that fund transfer request from TFO Saqlain Ul Sabah has
been escalated to swift department & retaining of such documents should be his priority till
receiving confirmation from SWIFT department
3. Shafiq Ahmed has failed to performed his duties on given guidelines, where on August 06,
2014, two (02) transactions of amount US$ 21,000/- & US$ 4,500/- were routed to him by
TFO Saqlain at 12:22pm, both these entries should have performed by operation
department at the time of generating of SWIFT message but it was executed after a delay
of (4.16 Hrs) & (4.17 Hrs) respectively.

Disciplinary Action Committee (DAC)

The Disciplinary Action committee after reviewing the case decided to give Shafiq
Ahmed Warning letter + 30% of total recovery loss.
Plea:
Shafiq Ahmed has requested the competent authority to withdraw the penalty
amount US $ 3900/- and requested to accept his appeal on following grounds:
1. He is not in this position to pay the charged amount as he is the only family
member who is earning and supporting family member including his father,
mother, two brothers, two sisters, wife and one child.
2. His salary is already enough to meet his family requirement it is very difficult
for him to pay the desired amount.
3. He is requesting management to waive off the charged amount.
LHRC Decision