SBP asked to pay for compensating affectees
State Bank of Pakistan (SBP) must deposit the shortfall in principal amount of depositors of Islamic Investment Bank (IIB), has decided the Peshawar High Court (PHC). This amount will be used to return the deposited money to the IIB scam affectees.
Statements from people that were affected are very tragic. A woman tells how she sold her house and deposited all the money at IIB thinking about the future of her daughter. The lives of her daughters will be ruined without the money as their fiancÈs won't marrry them without the dowry.