President Alvi Orders Allied Bank to Compensate Fraud Victim
Islamabad, November 29, 2023 – President of Pakistan, Dr. Arif Alvi, has directed Allied Bank Ltd (ABL) to compensate a customer, Ameer Ali Wasan, with Rs 344,600, following the fraudulent transfer of funds from his account. The decision upholds the orders of the Banking Mohtasib, who had earlier instructed ABL to refund the defrauded amount.