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Wednesday, February 13, 2019

Zardari, Talpur appear before court in money laundering case

KARACHI: Former president Asif Ali Zardari and his sister Faryal Talpur appeared before a banking court on Thursday in an ongoing mega money laundering case.

The duo appeared before the court in Karachi as the pre-arrest interim bail granted to them and 10 others in the case expired today.

Omni Group chairman Anwar Majeed, his son AG Majeed, former Pakistan Stock Exchange (PSX) chairman Hussain Lawai and banker Taha Raza will also be presented before the court.

Money laundering case

Zardari and Talpur are facing a probe into the money laundering scam involving over Rs35 billion laundered through fake bank accounts. Zardari’s close aides Hussain Lawai and Anwar Majeed are also being investigated in the scandal. They both are in custody.

A Joint Investigation Team (JIT) formed to probe into the mega money laundering scam submitted its report in the Supreme Court.

The JIT members revealed that 29 fake bank accounts had been identified, which were used for money laundering. They said Rs1.2 billion had been transferred to Ms Talpur from JV Opal account and she had admitted it during her appearance before the team.

 

The post Zardari, Talpur appear before court in money laundering case appeared first on ARYNEWS.



from ARYNEWS http://bit.ly/2Ialk5q

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