KARACHI: National Accountability Bureau (NAB) Chairman Justice (r) Javed Iqbal on Monday filed a request with a Karachi banking court to transfer the mega money laundering case to Rawalpindi.
The request submitted by Justice (r) Iqbal stated that the Supreme Court has directed the accountability bureau to probe the case thus it should be transferred to a NAB court in Rawalpindi.
Following the NAB chairman’s request, the banking court in Karachi issued notices to former president and Pakistan People’s Party (PPP) Co-Chairman Asif Ali Zardari, his sister Faryal Talpur and other suspects in the case for February 20.
MONEY LAUNDERING CASE:
The case was initially registered in 2015 against former Pakistan Stock Exchange (PSE) chairman Hussain Lawai, who is widely believed to be close to former president Zardari.
In July, Lawai was arrested in connection with the probe along with Anwar Majeed, and his son, Abdul Ghani Majeed, were also arrested by the FIA. Lawai, Majeed and his son remain under custody for interrogation.
Investigations so far have revealed that several ‘benami’ accounts at some private banks were opened in 2013, 2014 and 2015 from where transactions worth billions of rupees were made.
The amount, according to the FIA, is said to be black money gathered from various kickbacks, commissions and bribes.
