NAB to transfer mega 'money laundering case' from Sindh to Islamabad – Research Snipers

NAB to transfer mega ‘money laundering case’ from Sindh to Islamabad

The National Accountability Bureau (NAB) has decided to transfer the case pertaining to mega money laundering and fake bank accounts from Sindh to Islamabad.

An application has been sent to the Chairman of the anti-corruption watchdog and the prosecutor general for the transfer of the money laundering case. During the hearing of the case in the banking court, the application has been submitted to the court.

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On 23rd of January, the bails of co-chairman Pakistan People’s Party Asif Ali Zardari and his sister Faryal Talpur have been extended by the banking court till 6 February. However, the pleas for bail of the co-accused in the money laundering case Anwar Majeed and Abdul Ghani will be heard on February 6.

Mega Money Laundering Case:

The Federal Investigating Agency (FIA) is investigating as many as 32 people due to their relation with money laundering from fictitious bank accounts, including former president Asif Zardari and his sister Faryal Talpur. A close of Zardari Hussain Lawai was arrested in July during the investigation of the case due to his connection with fake bank accounts.

Another close aid of PPP co-chairman Asif Zardari and chairman of the Omni Group Anwar Majeed and his son, Abdul Ghani, were taken into the custody by the Federal Investigation Agency (FIA) in August.

According to the details, more than 20 ‘benami’ bank accounts in several private banks were opened in 2013, 2014, and 2015 from where the transactions worth billions of Pakistani rupees were made. The amount is said to be the black money gathered from several kickbacks, commissions, and bribes.