A Karachi sessions court has directed the NCCIA to investigate alleged unauthorised transactions worth Rs.4.8 million from the bank account of a Gul Plaza fine-affected shopkeeper. The court ordered a comprehensive investigation under PECA, preservation of transaction records and a report within 45 days. It also directed the State Bank of Pakistan to examine whether …
A Karachi sessions court has directed the NCCIA to investigate alleged unauthorised transactions worth Rs.4.8 million from the bank account of a Gul Plaza fine-affected shopkeeper. The court ordered a comprehensive investigation under PECA, preservation of transaction records and a report within 45 days. It also directed the State Bank of Pakistan to examine whether the banks complied with digital banking security requirements and whether regulatory action was warranted.




