LAHORE FIA Lahore is reluctant to register an FIR against some bank officials and fraudsters who were involved in issuance of loan of Rs 400 millions with the connivance of each other. Inquiry officer in his Confidential Final Report (CFR) which is considered as good as FIR, recommended the FIA Lahore Director to register a case against the accused but the Director did not issue orders due to unknown reasons. Fraudsters and bank staff managed to get an FIR register against Naeem Asharaf Rana, the bonafide owner of the land with FIA Karachi without any prior inquiry or probe into the issue. The bank staff blamed the real owner of the property for being involved in preparation of fake documents of the property. The real inquiry was initiated on the complaint of Khawaja Shahid Mehmood. The inquiry was conducted by Assistant Director Monitoring and Vigilance Masood Naseem and Inspector Muhammad Imran Bhatti under the supervision of Mian Riaz Ahmed, Additional Director/Monitoring FIA Punjab Lahore. Inquiry proceeding revealed that M/s Pak Rock Oil Trading Corporation (pvt) Limited of Karachi applied for financial facility worth Rs 400 million in the year 2008 from United Bank Limited Chundrigar Road, Karachi. Directors Syed Anis Hassan Zaidi and Syed Ammar Yasir Zaidi Proprietor of M/s Pak Rock Oil Trading Corporation (Pvt) Limited approached the bank for grant of this financial facility against the collaterals of the property Plot No 6, E2 Gulberg III owned by Syed Ammar Yasir Zaidi (as per bank record). The Corporate Branch (UBL) recommended the case and the facility was availed by the M/s Pak Rock Oil Trading Corporation (Pvt) Limited that finally defaulted. The bank filed recovery suit against the party and the guarantor (Syed Ammar Yasir Zaidi). The same was decreed against the defaulter firm and the complainant (the real owner of the property) came to know in December 2010 that his property was being auctioned by the UBL. The complainant filed a complaint against the accused with FIA Lahore and an inquiry was started. The inquiry officer in his CFR report said that during the course of inquiry, there was sufficient oral as well documentary evidence against the accused. They included Syed Anis Hassan (Chief Executive Pak Rock Oil Trading Company), Syed Ammar Yasir Zaidi (Director Pak Rock Oil Trading Company/alleged Owner of the property according to fake and forged documents), Syed Zuhqarnain Rizvi, Ms Shehnila Zulqarnain (who prepared fake and fabricated property documents of the said plot against a heavy amount of Rs 41,2 00, 000, Arslan Nayyer, Relationship Manager/UBL, Hashim Ahdul Kadir, Adul Hameed head RCAD, Ali Raz a Kabir Advocate (9) Waheed Malik and Mubeen (Evaluator of the firm). Inquiry officer sought permission from Director FIA for registration of case U/S 420.468.471.109 PPC R/W 5(2)47 PCA against the abovementioned accused persons and said that the role of Nojeba Haider, Relationship Associate and Zeba Ansaar, Regional Cooperate Head and employees of LDA will be determined during the course of investigation. But so far no FIR could be registered against the accused. . When contacted spokesman of FIA Haroon, he said he did not know any thing about the case and said that he would be able to comment on the issue next day.