Man accused of stealing over 60mn rupees from Karakoram Cooperative Bank arrested

GILGIT: A suspected fraudster accused of stealing tens of millions of rupees and fleeing was arrested by the Special Investigation Unit of Gilgit-Baltistan Police from Sindh.

Rafaqat Ali, an employee of the Astore Branch of Karakoram Cooperative Bank, stands accused of stealing between 60 to 80 million rupees (6-8 crore) from the bank.

Rafaqat Ali went into hiding after the scandal surfaced. He has now been arrested from Sindh province, where he was hiding from the authorities.

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