PHOTO: FILE
The court also ordered that they be produced before the court by November 12.
Anti-money laundering drive: Legal loopholes frustrate FIA
According to Federal Investigation Agency (FIA), Khidmat-e-Khalq (KKF) Foundation’s accounts were used to launder money. The London Metropolitan Police’s findings have also been included in the investigation. London police had recovered a large amount of money from Hussain’s residence. It is suspected that the money was provided by the Indian government to incite terrorism, hooliganism and revolt in Pakistan. MQM leaders, Muhammad Anwar and Tariq, confessed to this before the London police. Money earned from extortion, killings and land-grabbing was also sent from Pakistan.
Overseas funding was not disclosed by MQM before the Election Commission of Pakistan (ECP). FIA has contacted relevant banks, the National Accountability Bureau (NAB), Federal Bureau of Revenue (FBR) and ECP. FIA also sought details from the British and United Arab Emirates foreign ministries.
Money laundering: SHC grants bail to accused
Reportedly, Hussain benefited from all the transactions. The arms bought from foreign funding have been recovered during operations in Karachi. Investigations have revealed that the charity and income generated by animal hides by KKF was all sent to London.
The FIR in the case was filed on a complaint of Sarfaraz Merchant in FIA.
Published in The Express Tribune, November 10th, 2018.
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