Bank security must for stable economy

KARACHI: Commissioner Karachi Shoaib Ahmed Siddiqui on Monday said taking extraordinary steps for safety of lives and wealth of people and security of banks for economic stability was the necessity of time.

He said while addressing a meeting to review performance of security companies and security issues at his office. Additional Commissioner I Sibghatullah Mahar, Deputy Commissioner South Saleem Rajput, Deputy Commissioner East, representatives of State Bank of Pakistan, Khurram Ifikhar, All Pakistan Security Agencies (APSA), Col Toqir ul Islam, Karachi police, SSP SIU Farooq Awan and other relevant officers were also present on the occasion.

The commissioner said the security policy of SBP should be fully implemented, which would build confidence of bank servants and account holders on the government and police. APSA must bring into practice the security guidelines and compliance of code of conduct issued by the Home Department and the licenses of the security agencies should be cancelled who did not comply with them.

He said no stone would be left unturned to bring peace in the city. Pakistan Banking Association should exchange intelligence information with police.

DC South would decide course of action after holding meeting with APSA and Pakistan Banking Association.

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