By: Shahid Jan
Another financial scandal has emerged in Khyber Pakhtunkhwa involving the illegal withdrawal of funds amounting to crores of rupees from a foreign project associated with the Khyber Pakhtunkhwa Education Department. Reports indicate that a significant amount was withdrawn from a bank account that had been frozen on June 25, with transactions occurring on July 3.
Officials from the Human Capital Investment Project at the Khyber Pakhtunkhwa Department of Elementary and Secondary Education have formally requested an explanation from the bank administration regarding how Rs 106 million was withdrawn from the Human Capital Investment Project. They are calling for an investigation into the matter.
It has been reported that Rs 106 million was withdrawn through three checks on July 3. However, the officials have stated that these checks were fraudulent. They emphasise the urgent need to investigate the bank administration’s serious negligence in this case.
The Director of the Human Capital Investment Project has sent a letter to top officials at the National Bank to address this issue. An investigation is currently underway, although Project Director Asif Shahab has mentioned that it is too early to determine who might be involved. He confirmed that all accounts have been reviewed and assured that there has been no fraud in other transactions. Asif Shahab stated that strict action will be taken against those found responsible, emphasising the importance of the Human Capital Investment Project.
