Money Laundering Case: Rs 41bn laundered via fake accounts, FIA


Karachi: Federal Investigation Agency (FIA) money laundering case probe revealed that around Rs 41 billion were laundered.

According to FIA money laundering case probe, Rs 41 billion were laundered through different fake accounts. However, FIA officials found 15 more suspicious bank accounts in which four confirmed as fake. According to sources, total of Rs 6 billion were laundered through four fake bank accounts.

FIA requested Supreme Court to create JIT to probe the money laundering case. However, FIA made the request during the hearing before the bench headed by CJP Saqib Nisar.

During the hearing, Asif Ali Zardari’s counsel requested to postpone the hearing.  However, CJP Saqib Nisar rejected the request stating that different lawyers were present in the court.

Earlier, FIA elaborated that they traced Rs 33 billion trail in money laundering case. However, it is considered as a major headway in the ongoing probe into the high profile case.

According to sources, FIA obtained details related to Rs33 billion out of Rs35 billion transferred through different fake bank accounts. FIA conducted raids at sugar mills owned by Omni Group. However, FIA confiscated computer hard disks, virtual storage device, video recorders, and other related items.

In addition, local banking court sent Anwar Majeed and Abdul Ghani Majeed on judicial remand. However, investigative authorities found connection of both personalities in money laundering case.


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