{"id":31068,"date":"2024-03-29T13:17:07","date_gmt":"2024-03-29T08:17:07","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=31068"},"modified":"2024-03-29T13:18:11","modified_gmt":"2024-03-29T08:18:11","slug":"12-million-consumer-fraud-case-allied-bank-issues-clarification-but-theres-more-to-it","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/12-million-consumer-fraud-case-allied-bank-issues-clarification-but-theres-more-to-it\/","title":{"rendered":"12 Million consumer fraud case: Allied Bank issues clarification, but there\u2019s more to it"},"content":{"rendered":"<p>ISLAMABAD: Recently, a notable incident unfolded at the Aabpara Branch of the Allied Bank in Islamabad. It was highlighted by the Daily Ausaf, shedding light on a significant error and negligence at the part of Allied Bank that costed millions to the aggrieved customer.<\/p>\n<p>As previously <a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/allied-banks-negligence-costs-millions-pkr-12-lakh-cheque-turned-into-pkr-1-2-crore-withdrawal\/\">reported<\/a>, the bank&#8217;s administration disbursed a sum of one crore twenty lakhs rupees instead of the intended twelve lakhs against a cheque in a representation of gross negligence.<\/p>\n<p>For the following issue, Allied Bank has released a statement clarifying that the matter regarding the mishandled cheque has been promptly addressed following thorough investigations but it reflects bank&#8217;s inability to provide efficient customer services to its valued customers.<\/p>\n<p>It is evident that such incidents are not isolated, and customers frequently encounter challenges with the bank&#8217;s service quality. The consistent stream of complaints points to a pattern of inadequate attention and carelessness by Allied Bank.<\/p>\n<p>Read More: <a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/massive-tax-fraud-fia-arrests-private-company-owner-son\/\">Massive Tax fraud: FIA arrests private company owner and son<\/a><\/p>\n<p>Furthermore, another such grievance has surfaced where a customer received only 80,000 rupees against a cheque amounting to eight lakhs. As per evidentiary documents received by Daily Ausaf\/ABN News, this seems to be a pattern that similar occurrences are being reported in such crucial money matter which should be investigated.<\/p>\n<p>It is apparent that the bank&#8217;s failure to deliver satisfactory service leads to recurrent issues of similar nature. Typically, when a cheque-related matter arises in any bank, it undergoes a systematic process before the payment is finalized.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"wsGbeJIIsj\"><p><a href=\"https:\/\/dailyausaf.com\/en\/business\/chinese-flagship-ev-car-company-byd-sets-foot-in-pakistan\/\">Chinese flagship EV car company BYD sets foot in Pakistan<\/a><\/p><\/blockquote>\n<p><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Chinese flagship EV car company BYD sets foot in Pakistan&#8221; &#8212; Daily Ausaf\" src=\"https:\/\/dailyausaf.com\/en\/business\/chinese-flagship-ev-car-company-byd-sets-foot-in-pakistan\/embed\/#?secret=ykTX0sTi6o#?secret=wsGbeJIIsj\" data-secret=\"wsGbeJIIsj\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Recently, a notable incident unfolded at the Aabpara Branch of the Allied Bank in Islamabad. It was highlighted by the Daily Ausaf, shedding light on a significant error and negligence at the part of Allied Bank that costed millions to the aggrieved customer. As previously reported, the bank&#8217;s administration disbursed a sum of one [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":30712,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,13446,21],"tags":[13825,14050,14051],"class_list":["post-31068","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-featured","category-news","tag-allied-bank","tag-allied-bank-fraud-case-update","tag-allied-bank-fraud-islamabad"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/31068","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=31068"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/31068\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/30712"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=31068"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=31068"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=31068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}