Money laundering case to be transferred to Rawalpindi

Published: February 18, 2019
Asif Ali Zardari, Faryal Talpur.  PHOTO: APP

Asif Ali Zardari, Faryal Talpur. PHOTO: APP

Chairman National Accountability Bureau (NAB) Justice (retd) Javed Iqbal on Monday approved the transfer of the money laundering case to Rawalpindi, Express News reported.

NAB authorities have filed the documents regarding the money laundering case in Karachi’s banking court and an official informed the court that under Section 16A of NAB Ordinance, the accountability watchdog’s chairman had approved the transfer of the case to Rawalpindi.

Money laundering case: Zardari, Talpur get 7th bail extension

The letter states that the country’s Supreme Court (SC) has given the order to investigate the case and thus the case has been transferred to NAB court in Rawalpindi. On request of the NAB chairman, the court has also summoned Asif Ali Zardari, Faryal Talpur and other accused on February 20.

Last September, the top court ordered the formation of a joint investigation team (JIT) to probe alleged money laundering of at least Rs35 billion through fake bank accounts.

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Zardari, his sister, Omni Group’s Anwar Majeed, former Pakistan Stock Exchange chairman Hussain Lawai and Summit Bank Senior Vice-President Taha Raza are among those being investigated by the Federal Investigation Agency (FIA) for alleged money laundering of over Rs35 billion through fake accounts.

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