Monday, October 27, 2025

PHC denies bail in multi-billion rupee Kohistan scandal

The Peshawar High Court has denied bail to Muhammad Riaz, an accused in the multi-billion rupee Upper Kohistan financial scandal. Muhammad Riaz, a former cashier at the National Bank’s Dasu branch, is alleged to have created dummy construction companies and issued 22 cheques in their names. Special Prosecutor Arbab Kaleemullah stated the accused accumulated billions […]

The Peshawar High Court has denied bail to Muhammad Riaz, an accused in the multi-billion rupee Upper Kohistan financial scandal. Muhammad Riaz, a former cashier at the National Bank’s Dasu branch, is alleged to have created dummy construction companies and issued 22 cheques in their names. Special Prosecutor Arbab Kaleemullah stated the accused accumulated billions […]