Pakistan Today

Arrest warrants out for Abdul Ghani Majeed in illegal assets case

KARACHI: National Accountability Bureau (NAB) Chairman Javed Iqbal on Wednesday issued arrest warrants for Abdul Ghani Majeed in an illegal assets case.

The accountability watchdog said that Abdul Ghani Majeed, son of Omni Group Chairman Anwar Majeed, had illegally bought a plot in Nehr Khyam area of Clifton in Karachi which inflicted loss upon the national exchequer as the property was acquired illegitimately.

A banking court on January 19 had issued a notice to the Federal Investigation Agency (FIA) on an application filed by Anwar Majeed and his son seeking post-arrest bail in the fake bank accounts and mega money laundering case.

The applicants, through their counsel, had contended before the court that the agency had failed to produce evidence to corroborate charges against them.

“FIA has been taking action against us on political basis,” they pleaded.

Pakistan People’s Party (PPP) Co-chairman Asif Ali Zardari, his sister MNA Faryal Talpur, Anwar Majeed, amongst others, are facing an inquiry into a money laundering scam involving over Rs35 billion allegedly laundered through fake bank accounts.

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