Illegal withdrawals from Pakistan, Billions of rupees have been withdrawn illegitimately from Pakistan’s Federal Consolidated Fund without approval by the government.
The scam came to light when the Peshawar High Court put on hold a Nowshera court decree attaching the Federal Consolidated Fund.
Investigations uncovered a ruse in the form of judicial compensation, which went against Article 78 of Pakistan’s Constitution for withdrawing money from the treasury.
The National Assembly must sanction any disbursement of money under Article 78.
News reports allege that some groups take advantage of natural disasters and accidents to perpetrate a multi-million-rupee scam against bereaved families.
Such operators reportedly register cases in the name of victims and receive compensation orders without reporting to the federal government.
Courts issued direct payment orders and later sent them to the State Bank of Pakistan (SBP).
SBP allegedly carried out these suspect orders without checking legality or federal permission, facilitating unauthorized withdrawals.
Sources revealed Sindh as the hotspot, with hundreds of fake claims wasting public money illegally.
The State Bank of Pakistan did not provide an official comment when ProPakistani reached out for a response.
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