JIT investigating money laundering seeks Rs50m supplementary grant


A Joint Investigation Team (JIT) probing into alleged money laundering cases and Benami accounts has sought a supplementary grant of Rs50 million from the interior ministry, a local news outlet reported on Friday.

Reportedly, the interior secretary received an application for the supplementary grant from the director general of the Federal Investigation Agency (FIA) and JIT head Ehsan Sadiq has also written a letter to the federal finance secretary in this regard.

The interior ministry has already issued a supplementary grant of Rs10 million, while an application for a supplementary grant of more than Rs20 million is with the federal government.

The supplementary grant will be spent on the newly established secretariat of the JIT in Karachi and for other operations.

The JIT said that it wants to hire the services of a law firm and experts to investigate the cases – a task which requires a huge amount of money.