• Wednesday, November 20, 2019

Fake Accounts Investigation | Updates & Discussions

Discussion in 'Pakistani Siasat' started by Horus, Jan 17, 2019.

  1. Horus

    Horus ADMINISTRATOR

    Messages:
    39,279
    Joined:
    May 3, 2009
    Ratings:
    +400 / 93,749 / -0
    Country:
    Pakistan
    Location:
    Australia
    All discussions, news items and updates regarding the Fake Accounts Investigation goes here.
     
    • Thanks Thanks x 6
  2. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    READ COMPLETE REPORT:
    JIT is of the opinion that the mega-corruption and organized network of money-laundering brought forth through this report is only a tip of the iceberg.





    @Champion_Usmani here we are discussing about the genuine investigation by JIT and SC verdicts. SBP already rejected your claim which you are intentionally spreading despite the fact there is no investigation and evidence regarding PTI's fake accounts.


    SBP denies sending any report to the ECP about PTI’s ‘fake’ bank accounts
    January 10, 2019


    [​IMG]

    The State Bank of Pakistan has denied a report published in Dawn that claimed that the ruling party is operating at least 18 undeclared bank accounts across the country.

    In a report, the paper reported that the SBP submitted a reported to the Election Commission of Pakistan, revealing that “the PTI is operating 26 bank accounts in different cities of the country, but only eight of them have been declared before the commission”.

    Abid Qamar, the SBP’s spokesperson, told SAMAA TV that the central bank didn’t send any report to the central bank about the “fake accounts” operated by the ruling party. He termed the media report “false”.

    The spokesperson said that every bank is bound to provide details of its accounts to the ECP. However, he clarified that the information is provided to the commission when it is asked for.

    According to the ECP’s laws, every political party is bound to submit an audited report of its finances to the commission.
     
    Last edited: Jan 17, 2019
    • Thanks Thanks x 2
  3. Champion_Usmani

    Champion_Usmani SENIOR MEMBER

    Messages:
    3,681
    Joined:
    Jan 10, 2018
    Ratings:
    +3 / 3,828 / -3
    Country:
    Pakistan
    Location:
    Pakistan
    No sir, SBP says, it asked banks to provide details of PTI accounts to ECP and PTI ministers themselves accepted those illegal accounts claiming these accounts are non functional, so a neutral investigation is needed for PTI foreign funding case.

    SBP says it advised banks to provide PTI bank accounts information to ECP

    ISLAMABAD: The State Bank of Pakistan (SBP) has explained that it had advised all banks to provide information about bank accounts of the Pakistan Tehreek-i-Insaf (PTI) to the Election Commission of Pakistan (ECP).

    Clarifying a news item headlined “PTI operating 18 undeclared bank accounts: SBP report” published in Dawn, the State Bank’s chief spokesman said on Thursday that the ECP had in July last year approached the SBP for assistance in obtaining information about PTI’s bank accounts from 2009 to 2013 as per the commission’s mandate enshrined in the Constitution and the Elections Act, 2017.

    “SBP while discharging of its duties advised all banks to provide the required information/data directly to ECP by due date, as per procedure laid down under the law,” the clarification said, denying issuance of any report relating to the PTI’s bank accounts to the ECP.

    “SBP neither maintains the database of banks’ individual accountholders nor possesses any related information/record thereof. Banks being the custodian of customers’ information may directly provide this information to various agencies, on case-to-case basis, as per procedure laid down under the respective laws. Therefore, it is out of question that SBP has reported 18 undeclared bank accounts of PTI out of total 26 to the ECP,” it added.

    Informed sources confirmed that the data, which revealed that the PTI was operating 18 undeclared bank accounts, had directly been provided by the scheduled banks to the ECP on the advice of the State Bank.

    [​IMG]

    According to documents available with Dawn, the ECP director general (law), who heads the commission’s scrutiny committee mandated to examine the allegations of receipt of funding by the PTI from prohibited sources, had written a letter to the State Bank governor on July 3, 2018, seeking assistance from the SBP in obtaining information related to PTI’s bank accounts.

    The information sought included list of bank accounts maintained by the PTI anywhere in Pakistan from 2009 to 2013, with data-wise details of transactions, country-wise list of all funds transferred to the PTI accounts from abroad during the period separately for each financial year, including particulars of remitters, and monthly bank statements of all the accounts for each financial year (2009-2013).

    Subsequently, the State Bank had on July 12, 2018 written letters to the presidents/chief executives of all banks with copy of the letter. “….You are advised to provide the requisite information directly to the Election Commission of Pakistan before July, 16, 2018 positively under intimation to the State Bank of Pakistan. In case of non-existence of PTI account with your bank, a NIL position may kindly be reported to the Commission,” the SBP letter read.

    Credible sources insist that the data showed the PTI was operating 26 bank accounts across the country, but only eight of them had been declared before the ECP.

    Former ECP secretary Kanwar Dishad, while talking to Dawn, said it was irrelevant if the SBP had provided information about PTI’s bank accounts directly to the ECP or the data had been generated from the banks on its directives. He said the ECP enjoyed the powers to take back the symbol of any political party found to have been involved in concealing its funding and bank account details.

    Published in Dawn, January 11th, 2019

    https://www.dawn.com/news/1456814/s...-provide-pti-bank-accounts-information-to-ecp
     
  4. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    Agreed investigation should take place, btw PTI non functional accounts has not enough money to be traced the money trail. I suggest PMLN and PPP should demand the investigation and file the case in SC.

    There are only 8 functioning account I personally know, I my self send funds on monthly basis not only in PTI accounts but also SC dams fund account.

    But right now there is no investigation yet against PTI accounts, So kindly don't derail this thread.

    @Moonlight @waz @Horus
     
    Last edited: Jan 17, 2019
    • Thanks Thanks x 2
  5. Horus

    Horus ADMINISTRATOR

    Messages:
    39,279
    Joined:
    May 3, 2009
    Ratings:
    +400 / 93,749 / -0
    Country:
    Pakistan
    Location:
    Australia
    This thread is about JIT report on fake accounts.
     
  6. Moonlight

    Moonlight PDF THINK TANK: ANALYST

    Messages:
    5,945
    Joined:
    Nov 1, 2015
    Ratings:
    +42 / 11,757 / -0
    Country:
    Pakistan
    Location:
    United States
    Investigation on fake accounts shouldn’t be limited to one particular party. If PTI holds to any undeclared bank accounts, investigation should be done against them too. No question about it.

    Then the question is why ECP claiming 26 accounts for PTI?
    And 8 are legal, rest undeclared.
     
    • Thanks Thanks x 1
  7. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    This is what I also emphasized in my previous comment that investigation should take place against PTI non functional accounts too.
    But we need to understand the differentiate between fake accounts & Non functional accounts..
    Fake accounts:
    At the time of opening an account, genuine CNIC and other relevant information are required and in case of a person living abroad, a passport is needed but fake accounts are being opened and being operated in spite of strict criteria.

    As reported that at some place any hawker becomes billionaire while on the other a nurse gets millionaire, of course by doing nothing, even Karachi’s falooda seller Abdul Qadir turned out to be a billionaire. He was baffled and wanted to know the notice issued to him by FIA.

    Unfortunately illegal practices are still going on in Pakistan and accounts are opened under political pressure specially in sindh using zardari system.

    Non-Functional accounts:
    PTI non functional accounts are basically dormant accounts. While registering the political parties or submitting the detail of Assets,properties etc, ECP requireds all the information in detail including everything infect Non functional accounts too, but PTI didn't provid the detail of dormant accounts to ECP, that is why those accounts are illegal according to ECP despite the fact that those 18 accounts never been used for money laundering.

    Who's who in Sindh's biggest money laundering scandal.

    Some big names have been caught in the net of the biggest money laundering case in Sindh. The Omni Group, headed by Anwar Majeed, is in hot water and the Zardari Group isn't far behind. Even Bahria Town head Malik Riaz's family has been caught up in the case, which involves billions laundered through fake bank accounts at three local banks.




    Understand how zardari system works.



    JIT Report of fake accounts - Part 1



    JIT report of fake Accounts - Part 2

     
    Last edited: Jan 19, 2019
  8. Farah Sohail

    Farah Sohail SENIOR MEMBER

    Messages:
    7,161
    Joined:
    Mar 2, 2012
    Ratings:
    +4 / 6,742 / -0
    Country:
    Pakistan
    Location:
    Pakistan
    Losing faith in judicial system of Pakistan... Almost impossible to get any powerful person/ family convicted/imprisoned on corruption. NRO always happens in the background ... latest example

    SC decision on NAB’s appeal to cancel bail of sharif family... despite pointing out glaring flaws in IHC verdict on bail given to sharifs...SC upheld tht verdict... i think decision has been taken in background(NRO) to give relief to maryam nawaz
     
    • Thanks Thanks x 1
  9. Tameem

    Tameem SENIOR MEMBER

    Messages:
    4,005
    Joined:
    Jan 27, 2008
    Ratings:
    +3 / 3,501 / -13
    Country:
    Pakistan
    Location:
    Pakistan
    Sharif's getting NRO's while in Jails and Zardari's.....Why don't you point finger on that selective aspects as well.
    I don't see you complaining for Zardari's, Zulfi Bukhari's, Azam Swati's cases with the same zeal you pointed out against Sharif's.
    Isn't your actual name Ayesha Ahad?
    Com'on....there are better things to then ejaculating again and again same things in every post.
     
  10. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    PTI files petitions in SC seeking Zardari’s disqualification
    [​IMG]
    Usman Dar and Khurram Sher Zaman submitted the petitions
    By hasnaat mailk

    Jan.21,2019
    ISLAMABAD: Two petitions seeking disqualification of PPP co-chairman Asif Ali Zardari under Article 62(f)(i) of the Constitution were filed in the Supreme Court on Monday by Pakistan Tehreek-e-Insaf (PTI) leaders.

    The petitions, filed by Member Sindh Assembly Khurram Sher Zaman and Special Assistant to Prime Minister on Youth Affairs Usman Dar, lists Zardari, the Election Commission of Pakistan (ECP) and National Assembly secretary as respondents.

    The PTI leaders maintain that Zardari omitted details pertaining to ownership of an apartment in New York City, United States, in the nomination papers filed ahead of the general elections. He also failed to disclose two bulletproof vehicles. Thereby, violating Article 62(f)(i) of the Constitution and Section 231 of the Election Act, 2017.

    The petitions highlights that Zardari occupies more than one office – apart from co-chairing PPP, he is also president of Pakistan Peoples Party Parliamentarians (PPPP). This violates Article 63 (a) of the Constitution.

    “Both the apartment and the armoured vehicles have not been disclosed in the Form B of the nomination papers filed by Respondent No. 1 [Zardari] on July 6, 2018, as a candidate for NA-213,” it added.

    The petitions also stresses that Zardari’s alleged involvement in the alleged money laundering of billions of rupees through fictitious bank accounts are grounds for disqualification.

    The PTI had decided to pursue Zardari’s disqualification after a Supreme Court-constituted joint investigation team (JIT) submitted its findings in the fake accounts suo motu case.

    Earlier, Zaman had moved an application before the ECP to de-seat the former president. Citing new evidence, he retracted the appeal after deciding to approach the top court instead.

    Zardari urges political parties to help oust Imran’s govt

    The Constitution and Elections Act, 2017

    Article 62: Qualifications for membership of Majlis-e-Shoora (Parliament)

    (1) A person shall not be qualified to be elected or chosen as a member of Majlis-e-Shoora (Parliament) unless;

    (a) He is a citizen of Pakistan;

    (b) He is, in the case of the National Assembly, not less than 25 years of age and is enrolled as a voter in any electoral roll in;

    (i) Any part of Pakistan, for election to a general seat or a seat reserved for non-Muslims;

    (ii) Any area in a Province from which she seeks membership for election to a seat reserved for women.

    (c) He is, in the case of Senate, not less than thirty years of age and is enrolled as a voter in any area in a Province or, as the case may be, the Federal Capital or the Federally Administered Tribal Areas, from where he seeks membership.

    (d) He is of good character and is not commonly known as one who violates Islamic Injunctions.

    (e) Has adequate knowledge of Islamic teachings and practises obligatory duties prescribed by Islam as well as abstains from major sins.

    (f) He is sagacious, righteous and non-profligate, honest and ameen, there being no declaration to the contrary by a court of law.

    (g) He has not, after the establishment of Pakistan, worked against the integrity of the country or opposed the ideology of Pakistan

    (2) The disqualifications specified in paragraphs (d) and (e) shall not apply to a person who is a non-Muslim, but such a person shall have good moral reputation.

    Article 63: Disqualifications for membership of Majlis-e-Shoora (Parliament)

    (1) A person shall be disqualified from being elected or chosen as, and from being, a member of the Majlis-e-Shoora (Parliament), if:

    (a) He is of unsound mind and has been so declared by a competent court; or

    (b) He is an undischarged insolvent; or

    (c) He ceases to be a citizen of Pakistan, or acquires the citizenship of a foreign State; or

    (d) He holds an office of profit in the service of Pakistan other than an office declared by law not to disqualify its holder; or

    (e) He is in the service of any statutory body or any body which is owned or controlled by the Government or in which the Government has a controlling share or interest; or

    (f) Being a citizen of Pakistan by virtue of section 14B of the Pakistan Citizenship Act, 1951 (II of 1951), he is for the time being disqualified under any law in force in Azad Jammu and Kashmir from being elected as a member of the Legislative Assembly of Azad Jammu and Kashmir; or

    (g) He has been convicted by a court of competent jurisdiction for propagating any opinion, or acting in any manner, prejudicial to the ideology of Pakistan, or the sovereignty, integrity or security of Pakistan, or morality, or the maintenance of public order, or the integrity or independence of the judiciary of Pakistan, or which defames or brings into ridicule the judiciary or the Armed Forces of Pakistan, unless a period of five years has elapsed since his release; or

    (h) He has been, on conviction for any offence involving moral turpitude, senteced to imprisonment for a term of not less than two years, unless a period of five years has elapsed since his release; or

    (i) He has been dismissed from the service of Pakistan or service of a corporation or office set up or, controlled, by the Federal Government, Provincial Government or a Local Government on the grounds of misconduct, unless a period of five years has elapsed since his dismissal; or

    (j) He has been removed or compulsorily retired from the service of Pakistan or service of a corporation or office set up or controlled by the Federal Government, Provincial Government or a Local Government on the ground of misconduct, unless a period of three years has elapsed since his removal or compulsory retirement; or

    (k) He has been in the service of Pakistan or of any statutory body or any body which is owned or controlled by the Government or in which the Government has a controlling share or interest, unless a period of two years has elapsed since he ceased to be in such service; or

    (l) He, whether by himself or by any person or body of persons in trust for him or for his benefit or on his account or as a member of a Hindu undivided family, has any share or interest in a contract, not being a contract between a cooperative society and Government, for the supply of goods to, or for the execution of any contract or for the performance of any service undertaken by, Government:

    Provided that the disqualification under this paragraph shall not apply to a person:

    (i) Where the share or interest in the contract devolves on him by inheritance or succession or as a legatee, executor or administrator, until the expiration of six months after it has so devolved on him;

    (ii) Where the contract has been entered into by or on behalf of a public company as defined in the Companies Ordinance, 1984 (XLVII of 1984), of which he is a share-holder but is not a director holding an office of profit under the company; or

    (iii) Where he is a member of a Hindu undivided family and the contract has been entered into by any other member of that family in the course of carrying on a separate business in which he has no share or interest; or

    Explanation.- In this Article “goods” does not include agricultural produce or commodity grown or produced by him or such goods as he is, under any directive of Government or any law for the time being in force, under a duty or obligation to supply.

    (a) He holds any office of profit in the service of Pakistan other than the following offices, namely :-

    (i) An office which is not whole time office remunerated either by salary or by fee;

    (ii) The office of Lumbardar, whether called by this or any other title;

    (iii) The Qaumi Razakars;

    (iv) Any office the holder whereof, by virtue of such office, is liable to be called up for military training or military service under any law providing for the constitution or raising of a Force; or

    (b) He has obtained a loan for an amount of two million rupees or more, from any bank, financial institution, cooperative society or cooperative body in his own name or in the name of his spouse or any of his dependents, which remains unpaid for more than one year from the due date, or has got such loan written off; or

    (c) He or his spouse or any of his dependents has defaulted in payment of government dues and utility expenses, including telephone, electricity, gas and water charges in excess of ten thousand rupees, for over six months, at the time of filing his nomination papers; or

    (d) He is for the time being disqualified from being elected or chosen as a member of the Majlis-e-Shoora (Parliament) or of a Provincial Assembly under any law for the time being in force.

    Section 231 of the Elections Act, 2017

    The qualifications and disqualifications for a person to be elected or chosen or to remain a Member of the Majlis-e-Shoora (Parliament) or a Provincial Assembly shall be such as are provided in Articles 62 and 63.

    Zardari, Talpur interim bail extended in money laundering case

    The fake accounts saga

    In December 2015, the Federal Investigation Agency began a discreet investigation into certain bank accounts through which multi-billion rupee transactions have been made. According to FIA sources, information regarding the fake accounts came to the fore when an intelligence agency picked up a prominent money changer in an unrelated case.

    As the monitoring and investigation of these suspicious accounts continued, it surfaced that five of these accounts in two banks – the Sindh Bank and Summit Bank – had been used for transactions worth around Rs15 billion.

    Investigation showed the accounts were operated by fake companies. Funds were credited into these accounts from contractors with multi-billion rupee contracts with the Sindh government. The money was found to have been transferred to accounts of companies owned and operated by the Omni Group, whose chairperson, Anwar Majeed, is a close aide of Pakistan Peoples Party (PPP) co-chairperson Asif Ali Zardari. Another beneficiary was Nasir Lootah, the chairperson of Summit Bank.

    The probe, however, was shelved. It resumed almost a year and a half later. FIA’s State Bank circle initiated a formal inquiry in January, 2018.

    By June, the FIA had several high-profile names on its list but was unable to make headway – for several reasons. It was at his point that the Supreme Court intervened. Chief Justice Mian Saqib Nisar took suo motu notice of the ‘slow progress’ in the money laundering case.

    In July, Zardari’s close aides; Hussain Lawai, Taha Raza and two others were arrested. Subsequently, the first case was registered in the mega-corruption scandal.

    The FIA submitted its report to the apex court on July 8 which revealed a web of companies and accounts that were being used to transfer billions of rupees.

    In all, 29 accounts were identified that received payments, totaling at least Rs35 billion.

    In August, Omni Group chief Anwar Majeed was arrested along with son Abdul Ghani Majeed when they returned to the country on being summoned by the apex court. They are now on judicial remand.

    Meanwhile, Asif Ali Zardari and Faryal Talpur have appeared before the investigators and have since secured interim bail from the Banking Court. The last hearing of the case was on December 21, when the duo got their fourth extension in the bail till January 7.

    Amid complaints from the FIA and barbs flying in the Supreme Court, CJP Nisar ordered the formation of a Joint Investigation Team to quicken the pace of the investigation. One of FIA’s principal complaints was the lack of cooperation from the Sindh government.

    PTI retracts disqualification petition against Zardari

    The JIT report in a nutshell

    According to the report, the JIT identified 11,500 bank accounts and 924 account holders at the start of their investigation.

    Its experts generated 59 Suspected Transaction Reports (STR) and 24,500 Cash Transaction Reports. That means the transactions were flagged as suspicious.

    Due to the high quantum of transactions, the JIT decided on a threshold of Rs10million “to track, follow and minutely investigate the flow of funds beyond the immediate counterparties and determine the source of funds and ultimate beneficiaries.”

    It questioned 767 individuals, including Zardari and Talpur, while Bilawal submitted written responses.

    It has since had the names of 147 individuals placed on the Provisional National Identification List, which would allow authorities to identify if those individuals try to enter or exit the country through an airport. After the report was submitted to the SC, the names of 172 individuals have been placed on the no-fly list by the interior ministry on the JIT’s request.

    The investigations have focused on 32 accounts of 11 fake entities. The first account, belonging to M/S Lucky Enterprises, opened in January 2010 and remained active till January 2017. It was used for 13,809 transactions.

    The investigation uncovered that the 11 sole proprietorship entities were registered in the names of low-level employees of the Omni Group, as well as random individuals including a deceased person. All the accounts were operated by Omni Group executives.

    A thorough review of the JIT report shows that representatives of State Bank and Securities and Exchange Commission of Pakistan (SECP) played a vital role in the investigation and preparation of the final report and recommendations.

    Read the full text of the JIT report here.


    You are absolutely right about NRO and judicial of Pakistan.

    If SC and other strong institutions of the country don't support JIT Members and NAB to investigate any case. That case can't produce any result.

    For me now SC and other strong institutions are not fully supporting the accountability. Otherwise SC can take sou motu especially against the parliamentarians those are opposing to appear in NAB and demanding unwarranted & unconstitutional method that chairman NAB should appear before the parliament which will defiantly effect an investigation regarding the fake accounts and mega money laundering case. Yet SC does not take any sou motu.

    NAB is unable to record any statement of zardari because PPP is not supporting with NAB. Infect PPP is provoking to other Parliamentarians that don't go in NAB. What SC is doing right now? Is SC waiting for the weak references by the NAB? So that SC's remarks can be in favour of PPP after two months? These are the major questions which media should highlight.
     
    • Thanks Thanks x 1
  11. koolio

    koolio SENIOR MEMBER

    Messages:
    2,833
    Joined:
    Sep 5, 2006
    Ratings:
    +1 / 2,871 / -1
    Country:
    Pakistan
    Location:
    United Kingdom
    I don't see any hope from SC on taking this petition forward and give justice. Its simple if Daku Zardari is not co-operating with NAB, that should be an admission of guilt and hence it should go against Zardari.
     
    • Thanks Thanks x 1
  12. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    I have same strong feelings too, neither pakistani media is talking about it nor other institutions are serious otherwise NAB should have rejected the unwarranted demand of Parliamentarians. I can smell NRO from backdoor diplomacy.

    Because PMLN is supporting PPP.

    Great Alliance of Opposition to get safe passage

    Leaders of opposition parties met on Tuesday 15 January in Islamabad to discuss the strategy in order to provoke their sympathizers against establishment and Govt.

    The strategy mainly consist on three points agenda
    1. controversy of dams, 18 amendment hu and cry.
    2. targeting military courts & ISI.
    3. NAB under control by corrupt politicians and new version of so called "charter of democracy".


    The main objective of this strategy is to divert the attention by using any means necessary to get some relief or NRO.
     
    Last edited: Jan 22, 2019
    • Thanks Thanks x 1
  13. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
  14. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    NAB’s CIT begins investigations into fake accounts case.
    zardari family has only one option of plea bargaining or either they will face the case.
    Plea bargaining means: Guilty.
    Facing the case means: Jail & No political career anymore.
     
    Last edited: Jan 24, 2019
  15. shahbaz baig

    shahbaz baig SENIOR MEMBER

    Messages:
    4,266
    Joined:
    Aug 6, 2013
    Ratings:
    +4 / 3,881 / -0
    Country:
    Pakistan
    Location:
    Netherlands
    24 January 2019

    Money laundering scam: Zardari, Faryal’s bail extended till Feb 14

    KARACHI: The Karachi banking court on Wednesday extended the interim bail of country’s former president and the Pakistan People's Party co-chairman Asif Ali Zardari and his sister Faryal Talpur till February 14 in a multi-billion rupees money laundering scandal.

    The court also put off proceeding on the bail application moved by Omni group chairman Anwar Majeed and his son Abdul Ghani Majeed on February 6, citing ambiguity on the Supreme Court instructions that whether the trial court could independently pass an the order in the case or not. The hearing of the case revolved around the arguments from the defence and prosecution on their interpretations of the Supreme Court ’s January 7 order in which it had ordered the National Accountability Bureau to initiate inquiry into the scandal unearthed by the Federal Investigation Agency.

    As the bail pleas were put up for arguments, the FIA prosecutor said the case was referred to the NAB and the trial court still could not pass an order in it because of being barred by the SC. On the other hand, the Majeeds’ lawyer said the apex court had “disposed of” the matter so the restriction was no longer there. The defence lawyer argued the FIA was trying to prolong the matter by playing tactics. He added that despite the passage of the stipulated period, the investigating agency had not filed the final charge sheet while his clients were being “unlawfully” and with “malafide” intentions kept in jail.

    The judge asked the prosecutor if the court was relieved of the restriction to which he said that it was still in place. He added that since he had not received a certified copy of the SC order nor the investigation officer was present in the court so the court should defer the matter to a next date until the prosecution studies it. Meanwhile, the judge reacting to a plea moved by the Abdul Ghani’s lawyer seeking medical treatment for his client who is interned in Adiala jail directed the authorities to provide necessary facility to the suspect. The court also accepted a report by the jail authorities stating that Anwar could not be produced because of his ill health.

    The FIA is investigating 32 people in relation to the money laundering from fictitious accounts, including Zardari and his sister. Zardari’s close aide Hussain Lawai, who headed the Summit Bank, was arrested in July in connection with the probe.


    [​IMG]


    If criminals
    owner of Omni Group, Anwar majeed & his son are in sindh. Then forget about further solid & concrete investigation process By NAB's CIT. Because this case fake accounts & mega money laundering is under NAB Rawalpindi.

    It seems something is really cooking behind the scene. What institutions are doing right now? Call them to Rawalpindi ASAP. No excuse should be listened otherwise investigation can't bring the fruitful result against corrupt mafia within two months of investigation by NAB.

    This is second time interim bail has been extended.

    Zardari, Talpur interim bail extended till Jan 23 in money laundering case & Now till Feb 14
     
    Last edited: Jan 24, 2019