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Asif Ali Zardari Summoned in Money Laundering Case

 Saturday, July 28, 2018  |  No Comments

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Asif Ali Zardari Summoned in Money Laundering Case

The Federal Investigation Agency (FIA) summoned former Pakistan President Asif Ali Zardari and his sister, Faryal Talpur, in connection with a money laundering case.

The two were summoned by the commercial circle of FIA, reported Geo News citing FIA authorities.

The FIA inquiry began in January this year when the financial monitoring unit of State Bank of Pakistan generated a ‘suspicious transaction report’ regarding ten bank accounts.

Over 20 ‘benami’ accounts at a private bank were opened over the years from where transactions worth billions were made.

According to FIA sources, the amount in the accounts is black money secured from several kickbacks, commissions, and bribes.

Last week, Zardari and Faryal were declared as absconders by the FIA in connection with the aforementioned case.

A two-member bench, headed by Chief Justice of Pakistan (CJP) Saqib Nisar, took suo moto notice of the FIA’s investigation into the Pakistani (Rs.) 35 billion money-laundering scam.

20 others, including Zardari’s close aide Anwar Majeed and his son, were also declared as absconders by the FIA.

(Minimal edits applied, story generated from syndicated ANI feed)
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