Rs54bn transferred through 107 fake bank accounts, SC told

 
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Islamabad, Oct 22 (TNS): A Joint Investigation Team (JIT) tasked with probing fake bank accounts submitted a progress report in the Supreme Court on Monday which revealed that transactions of Rs54 billion were made through 107 fake bank accounts.

The JIT head in his report said that several bank accounts used in suspicious transactions were opened for a brief period of time and were closed after transfer of money.