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Complaints to banking ombudsman rise 135pc in Q1 Business April 17, 2021 KARACHI: The number of complaints against banks lodged with the banking mohtasib Pakistan rose 135 percent in the first quarter of 2021, a statement said on Friday. The complaints were against alleged frauds, forgeries and other irregularities. Banking Ombudsman Muhammad Kamran Shehzad has urged the general public not to disclose their personal and financial credentials to any person in order to protect themselves from any fraud, forgeries etc. “Almost 11,732 complaints were received by the Banking Mohtasib Secretariat from 1st January to 31st March, 2021 as against 4,994 complaints received in the same period of last year depicting an increase of 135 percent,” said the statement. ....
KARACHI: While banks claim going high-tech with adoption of new technologies, the Banking Mohtasib (ombudsman) on Thursday said that the complaints against banks increased by 56 per cent during the calendar year 2020. Banking Mohtasib Pakistan, Muhammad Kamran Shehzad, said in a press conference that 56pc increase was observed in the receipt of complaints during the year 2020 as compared to 2019. During the calendar year 2020, the Banking Mohtasib Pakistan Office disposed of 21,360 complaints out of 25,528. The ombudsman office has provided relief amounting to Rs598 million to the complainants or banking customers. While unveiling the Annual Report 2020, Mr Kamran said that 22,750 new complaints were received in 2020 whereas 2,778 were brought forward from 2019. ....
Online Financial Fraud Increased by 63% in 2020 propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.