The State Bank of Pakistan has directed banks across the country not to block customer accounts without legal authority, proper verification, and approval from the relevant competent authority. The new guidelines aim to protect account holders from unnecessary restrictions and ensure that banking actions remain fully compliant with the law. The decision follows an order […]
bank accounts
IHC ruled that banks cannot freeze citizens’ accounts without legal justification
The Islamabad High Court (IHC) has ruled that banks cannot block or freeze citizens’ bank accounts without a verified legal justification, emphasizing the protection of account holders’ rights and due process. The ruling was issued by Justice Arbab Muhammad Tahir in a case involving a private bank that blocked a citizen’s account during an inquiry […]
SHC orders inquiry into FIA over account blocking
The constitutional bench of the Sindh High Court (SHC) has ordered an inquiry into the conduct of officials from the Federal Investigation Agency (FIA) over the blocking of citizens’ bank and mobile account without proper legal authorization. Read More: SHC orders govt to restore X within a week The court expressed serious concern over complaints that […]
Court orders unfreezing of SKMT, Namal University bank accounts
Rawalpindi anti-terrorism court issued directives on Monday for unfreezing the bank accounts of Shaukat Khanum Memorial Trust (SKMT) and Namal University in Mianwali. Judge Amjad Hussain Shah gave the instructions in a case pertaining to November 26 protests last year, in which incarcerated PTI founder Imran Khan’s sister, Aleema Khan, has been facing legal proceedings. […]
Court orders unfreezing of Shaukat Khanum and Namal University accounts
RAWALPINDI: A Rawalpindi anti-terrorism court on Monday directed the unfreezing of bank accounts belonging to the Shaukat Khanum Memorial Trust (SKTM) and Namal University in Mianwali. The move follows a legal case linked to November 26 protests last year. Read More: High Court orders crackdown on restaurants violating timings Judge Amjad Hussain Shah issued the instructions while […]
Bank accounts, CNICs of hardcore POs to be blocked: SSP Operations
PESHAWAR: The police authorities have decided to freeze the bank accounts and block the national identity cards of most-wanted proclaimed offenders (POs). The step would help restrain the movement of such criminals and make their tracing easy for the law enforcing agencies. The police have intensified their contacts with the departments concerned in this […]
Court orders freezing of 20 suspicious bank accounts
A customs court in Karachi on Wednesday ordered freezing of 20 bank accounts over complaints of money laundering and transfer of dollars. The court was hearing three cases pertaining to money laundering, transfer of dollars out of the country and fake bank accounts, filed on the complaint of the Federal Board of Revenue (FBR). An […]
Rana Sanaullah blasts Shahid Masood for bank account claims
LAHORE: Punjab Law Minister Rana Sanaullah lashed out at journalist Shahid Masood on Monday saying that sources of such individuals ‘should be questioned’. Speaking to journalists outside Punjab Assembly, Sanaullah said that Masood is a ‘pawn’ and alleged him of working on orders of ‘unknown powers’ to give rape and murder case of Zainab a […]