NICL scam: FIA traces Rs320m deposits in Elahi's accounts
Rs320 million were deposited in various bank accounts of Moonis Elahi and his wife.
The Federal Investigative Agency (FIA) completed its investigation into the Rs320 million deposited in the bank accounts of Moonis Elahi, the main accused in the multi-billion rupee National Insurance Company Limited (NICL) scam case.
The investigation agency submitted its report to the Supreme Court on Wednesday.
Sources said that Rs320 million were deposited in various bank accounts of Elahi during the NICL’s purchase of land.
Out of this amount, Rs160 million were deposited in the account of his wife, Tehreem Elahi, at Allied Bank Limited’s Liberty Market branch, while Rs110 million were deposited in an account at EFG Bank in England.
The remaining Rs50 million were deposited in the account of the owner of Al-Tahur Company at ABL’s Liberty Market branch.
This amount was first transferred to Meezan Bank Gulberg, then to Al-Baraka Bank Gulberg and finally to the account of Agro Tractor Company, which is owned by Moonis Elahi.
Earlier, four witnesses recorded their statements in the case at the ADG’s camp office at the FIA Punjab office, while the FIA headquarters in Islamabad and the FIA Punjab chapter were directed by the Senate Secretariat for a meeting scheduled to be held on August 25 at 11:00 am.
The investigation agency submitted its report to the Supreme Court on Wednesday.
Sources said that Rs320 million were deposited in various bank accounts of Elahi during the NICL’s purchase of land.
Out of this amount, Rs160 million were deposited in the account of his wife, Tehreem Elahi, at Allied Bank Limited’s Liberty Market branch, while Rs110 million were deposited in an account at EFG Bank in England.
The remaining Rs50 million were deposited in the account of the owner of Al-Tahur Company at ABL’s Liberty Market branch.
This amount was first transferred to Meezan Bank Gulberg, then to Al-Baraka Bank Gulberg and finally to the account of Agro Tractor Company, which is owned by Moonis Elahi.
Earlier, four witnesses recorded their statements in the case at the ADG’s camp office at the FIA Punjab office, while the FIA headquarters in Islamabad and the FIA Punjab chapter were directed by the Senate Secretariat for a meeting scheduled to be held on August 25 at 11:00 am.