FIA registers FIR against Asif Ali Zardari, Faryal Talpur (famously known as Addi) and others in Rs. 35 billion money-laundering case. Chances are high that the long-overdue accountability of political elites/mafia would most likely begin in a week’s time.
This probe has been initiated following a judicial magistrate in Karachi, on Saturday, remanded Pakistan Stock Exchange Chairman, Hussain Lawai and co-accused Taha Raza, in the custody of the FIA until July 11 in a money laundering case.
As indicated by the FIR enlisted against Lawai and Raza, billions of rupees were kept into the said counterfeit records and consequently transferred to different accounts, including that of PPP Chairperson Asif Ali Zardari and his sister Faryal Talpur’s organization — M/s.Zardari Group — which appeared to be in receipt of Rs.15 million.
According to the details of the report, appended below, the greatest exchange made out of the claimed counterfeit records was to an Arab national, Nasser Abdulla Hussain Lootah, who is the executive of the Summit Bank’s governing body.
Agro Farms Thatta, a declared holding of Zardari’s close ally Anwar Majeed, is likewise said as one of the recipients.
The FIR expressed that the charged brokers “opened fake bank accounts by falsely satisfying the codal customs i.e. acquiring signatures”.
Besides, it asserted that a total of Rs.4.5 billion was credited and directed through the bank accounts in the total time span of 10 months.
The FIA distinguished Bahria Town Karachi and Omni Pvt. Ltd. among the 15 parties that had made huge sums totaling Rs. 2.855 billion into the previously mentioned accounts.
The FIR stated that recipients into whose bank-accounts the monies were directed to, M/s. Zardari Group being one of them, have been issued the summons.
It would be a massive blow to PPP since the party is a few weeks away from contesting the GE-2018, to be held on 25 July. Lately, PML-N leadership suffered the same fate under the corruption charges.