[Draft]
Ref. M&Z/SUL/HSA/23428
Wednesday, August 11, 2004
Courier and Registered A/D
Mr. A. Basit
Advocate
Qanoon Manzil
7-A, Turner Road,
Lahore-54000Dear Sir,
Re:ACCOUNT NOS: 2684-27 AND 2685-08 MAINTAINED IN THE NEW CAMPUS
BRANCH OF HABIB BANK LIMITED - MISAPPROPRIATION OF FUNDS OF THE
PUNJAB UNIVERSITY EMPLOYEES HOUSING SCHEME I AND II CRIMINAL
CONDUCT ON THE PART OF HABIB BANK WHICH FALLS WITHIN THE MISCHIEF
OF SECTION 4 OF THE OFFENCES IN RESPECT OF BANKS (SPECIAL COURTS)
ORDINANCE, 1984 PERSONAL CRIMINAL LIABILITY OF SIX OFFICERS
NOMINATED HEREIN DEMAND FOR REDRESS WITHIN THE STIPULATED PERIOD
CRIMINAL PROCEEDINGS LEGAL NOTICE.
REPLY TO THE LEGAL NOTICE
We act on behalf of the President, Habib Bank Limited, Habib
Bank Plaza, I.I. Chundrigar Road, Karachi (hereinafter referred to
as Our Client) and are responding to your legal notice dated
10/07/2004.
In reply to your legal notice please be advised as follows:
1. That on the receipt of complaint from the University of
Punjab, Habib Bank Limited (the Bank) has lodged an FIR No. 29/2004
dated 14/06/2004 with Federal Investigation Agency against its
Cashiers namely Riaz Ahmad Bhatti S/o Sultan Buksh and Muhammad
Mushtaq S/o Muhammad Bashir posted at its New Campus Branch, Lahore
for alleged fraud and forgery. The matter is still under
investigation with the said agency.
2. That the University of Punjab (the University) has made a
claim for reimbursement of Rs.0.460 Million and Rs.1.896 Million
[total Rs.2.356 Million] to the Bank on account of amount
misappropriated by the cashiers. In this respect, it is submitted
that our Client desires that the University should check up all its
record and make a consolidated claim for all such amounts and the
relevant documents be submitted to our Client for verification and
determination of the total amount misappropriated by the
cashiers.
A copy of this reply has been retained in our office for further
reference.
Yours faithfully,
Mandviwalla & Zafar
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HBL New Campus Br [Notice No.2] Final.doc
