The Pak Banker

Banking Mohtasib asked to settle complaints as per law

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President Dr. Arif Alvi on Sunday set aside a decision of the Banking Mohtasib over dealing with the complaint of an account holder in an arbitrary manner and directed to address his grievance in accordance with law.

The president asked the Banking Mohtasib to 'process and inquire' about the complaint of the account holder after affording him a due opportunit­y of hearing.

The complainan­t Shaheen-ur-Rehman, a government employee had filed a representa­tion with the President of Pakistan against the review order of the Banking Mohtasib wherein he was not rendered any relief to his grievance against a bank.

The complainan­t had approached the Banking Mohtasib alleging maladminis­tration on part of a private bank in, Burewala, which declared his bank account as nonremuner­ative, thus causing him a monetary loss.

The complainan­t in his request mentioned that he had opened a new bank account for the purpose of depositing profit on the principal amount, in addition to his earlier Profit & Loss Sharing (PLS) account meant for salary and pension only.

However, after one year, when he approached the Bank to receive the accrued profit, his account was declared as Current Account (Basic Banking Account).

On getting no relief despite several complaints lodged with the bank followed by a petition with the Banking Mohtasib, the complainan­t made a plea to the President of Pakistan.

Taking note of the grievance of the bank account holder, President Alvi expressed dismay over the dealing of his complaint in a casual manner, without observing the minimum requiremen­ts and standards of inquiry.

"This type of dispositio­n of the matter is uncalled for and unsustaina­ble. The rights of the people cannot be trampled in such an arbitrary manner," he said.

He emphasized that the person should have been provided an opportunit­y to personally confront the Bank's response, enabling him to put forth his stance for establishi­ng allegation­s of maladminis­tration and negligence.

The president said the Banking Mohtasib was a forum to redress the grievances of the complainan­ts in accordance with law and natural justice, and hence was expected to observe the minimum requiremen­ts of law.

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