The tale of money laundering: Omni group, fraudulent Tax Amnesty Scheme & Asif Zardari.

[The Eagle]

This is one of the prominent and most discussed subject now a days. We all know that Anwar Majeed and his Son are in custody with FIA due to money laundering charges which was done for Asif Zardari.

Previously, Hussain Luwai was arrested who had major role for the same purpose though, investigation led the concern departments to many names including, key players such as Anwar Majeed & family. Earlier, FIA officials who arranged a meeting between Zardari and Luwai, are also transferred as a punishment to Gilgit and Taftan borders by Director FIA.

Nevertheless, names involves needs no introduction as such as Asif Zardari and his sister Faryal Talpur, the duo took Sindh for granted ,rule it through force & influence over people like famous video of Talpur threatening people to vote for PPPP or otherwise there will be consequences.

The tactics involved in this sort of corruption or money laundering are designed in a way that actual beneficiary such as Asif Zardari, remain behind the curtain, uses front men to do job, involves departments and stay untouchable.

For the time being, here are few names which actually reveals the pattern of corruption, being done by a single family or related to each other though, source is same.

• Anwar Majeed with FIA under Physical Remand as ordered by court. Anwar Majeed is merely a cover or front man though, money and source is Asif Zardari.

• Report based upon revelations and evidence of documents, has been prepared exposing yet another fully organised and planned money laundering corruption case.

• In 2008, Asif Zardari introduced 2% Tax Amnesty Scheme which apparently and hugely benefitted Majeed family members such as Anwar Majeed ,Abdul Ghani Majeed, Ali Kamal Majeed, Namar Majeed, Nazli Majeed and Mustafa Majeed.

• 2008 Tax Amnesty Scheme was actually to benefit Asif Zardari eventually which resulted as 1 billion & 100 million rupees turned into white/legal money.

• Arrested Anwar Majeed is the same person who took 500 billions from different Banks in the name of Omni Group and used the same amount for money laundering.

• Asif Zardari appointed many of his aids in different departments as Heads to control the same and look after matters as such.

• Therefore, reportedly, Security Exchange Commission of Pakistan (SECP), National Accountability Bureau (NAB), Federal Investigation Agency (FIA) and State Bank of Pakistan (SBP) were involved due to corrupt appointments that use to support all this but now, everyone will be held accountable.

It may be a bit hard or might seem complex to few but, for the ease to understand, it is pointed out that such economic hitmen use to evade billions of Tax and walk away freely through these types of amnesty schemes while turning their black money into white. Such kind of money is actually obtained through illegal means hence, such schemes are introduced which ultimately harms the nation. Attached are documents which contains a bit from same tale of money laundering and includes many names but, Anwar Majeed family is highlighted that worked for Asif Zardari on larger scale.

 

[El_Swordsmen]

interesting read @Shane

 

[Baghial]

Pakistan was a gold mine in 1947....
Slowley but with a method ..its being turned into a wasteland....and a desert....the untouchables remain untouched....just some arrests here and there for public hew and cry consumption....the system in place by ghora shahib..is thriving even ...naya pakistan ......is just a slogan and symbolic... changes.....nothing core and 1st priority problems solved..

 

[Shane]

interesting read @Shane

Indeed. What remains to be seen is whether actionable proof is not just collected but preserved, investigated, compiled for air tight prosecution and presented in court or brushed under the carpet.

We have seen it all amount to nothing in the past as these cases are used for political maneuvering and compromise that results in further political decay and economic destruction of Pakistan.

 

[M.AsfandYar]

Indeed. What remains to be seen is whether actionable proof is not just collected but preserved, investigated, compiled for air tight prosecution and presented in court or brushed under the carpet.

We have seen it all amount to nothing in the past as these cases are used for political maneuvering and compromise that results in further political decay and economic destruction of Pakistan.

According to Harun Rashid Majeed flipped on Zardari, really hard and Zardari is in deep shit and thats about to hit him. He usually is credible journalist. Lets wait and see.

 

[Shane]

According to Harun Rashid Majeed flipped on Zardari, really hard and Zardari is in deep shit and thats about to hit him. He usually is credible journalist. Lets wait and see.

Not these days as he tweeted that Mamnoon Hussain may switch sides only to find him hugging the absconded masters in London a couple of days and few tweets later...lol.

Lets see how things move along and what investigations come to bear after Presidential elections.

 

[fiza200]

Why he is not going to jail in money laundering case?

 

[The Eagle]

FIA’s probe reveals crucial findings in money laundering case
Web Desk On Aug 30, 2018

KARACHI: The probe of Federal Investigation Agency (FIA) into the fake bank accounts case have reached to a pivotal point where it has unveiled the record of transactions of 160 millions through bogus bank accounts.

According to the sources privy to the case, the utility bills of water of Bilawal House were paid via these fake accounts.

Anwar Majeed who is currently under the custody of FIA as one of the suspects in the case, his properties in foreign country are being probed and information is being collected in this regard.

A team of FIA will soon leave for abroad to carry out further investigation about Anwar’s properties.

A day earlier, the Federal Investigation Agency appealed the Supreme Court to constitute a joint investigation team (JIT) to probe an ongoing money laundering case against former president Asif Zaradri and other suspects.

During the money laundering case hearing, headed by Chief Justice of Pakistan Justice Mian Saqib Nisar, the FIA submitted its report regarding the probe and recommended the apex court bench to form a JIT.

The FIA report also detailed the recent raid at the Khoski sugar mill located in Badin, in which FIA along with Rangers confiscated the record of 16 sugar mills of the Omni Group, owned by Anwar Majeed who is among the suspects of money laundering scam.

As per the report, 27 hard disks of mills’ financial record have been recovered, however, some of the very significant record was burnt down before the raid. “Few samples from the burnt record have been collected,” the report added.

The hard disks of financial record have been sent for the forensic tests, whereas, the weapons found from the premises of the sugar mill have been handed over to police, the report mentioned.

FIA informed the bench that the process of freezing the assets of Omni group has been initiated.

The report further made crucial revelation that Anwar Majeed and his son Abdul Ghani Majeed own a company in Dubai under the name of ‘Crown Trading’. The foreign bank accounts of Crown Trading was used to transfer money for purchasing the property in Britain, the report cited.

The SC was informed that the government of UAE has been asked to provide further information about Crown Trading company.

The case background
The Supreme Court in July had taken up a suo motu case regarding fake accounts that revolves around a 2015 inquiry into the suspicious transactions when 29 ‘benami’ bank accounts were identified. Seven individuals were found involved in transacting Rs35bn suspiciously.

Zardari and his sister were among over a dozen suspects declared absconders in the money-laundering scam.

In the FIA list, Anwar Majeed and his son’s names appeared on top of the list while those of Zardari and Talpur were on the 19th and 20th number, respectively.

According to the FIR registered by FIA, transactions of billions of rupees were made into suspicious accounts, including the one owned by the PPP leaders, the Zardari Group, which is accused of receiving Rs 15 million of the laundered money.

 

[Asian.Century]

Every time I read this money laundering of Pakistani money, it hurts.

Fck these criminal zardaris, n looters.