The Supreme Court will hear fake bank accounts case involving PPP Co-Chairperson Asif Ali Zardari, his sister Faryal Talpur and other party leaders on Monday.
Asif Ali Zardari, Bilawal Bhutto Zardari and Chief Minister Sindh Murad Ali Shah will not appear before the two member bench of the Supreme court.
A team of lawyers will appear before the Supreme court today in their defense.
Chief Justice of Pakistan Mian Saqib Nisar leading the two-judge bench will take up the fake bank accounts case.
At the previous hearing, the Supreme court banned the sale, purchase and transfer of properties owned by Zardari Group and Omni Group. Joint Investigation Team has revealed that PKR 42 billion was money laundered through fake bank accounts that had also been used to bear expenses of the former president’s home.
The JIT accused Asif Zardari for not declaring his assets in his nomination papers submitted in the 2018 general elections and recommended filing of references against Bilawal Bhutto Zardari.
The JIT members revealed that 29 fake bank accounts had been identified, which were used for money laundering.
PKR 1.2 billion had been transferred to Ms Faryal Talpur from JV Opal account and she had admitted it during her appearance before the team.
The JIT claimed the money was used to purchase properties in Tando Allhyar and Lahore.
JIT report also claims that Omni Group had obtained PKR 53.4 billion loans by setting up different companies since a company could not secure a loan exceeding PKR 4 billion under the banking laws.
Expenses of Asif Zardari’s house were also paid through these companies, it said and added PKR 2.7 million payment for sacrificial goats and some amount for pet dogs’ food had also been made by Omni Group.
Moreover, the expenses of Bilawal Houses in Karachi and Lahore were paid through fake bank accounts.