KARACHI: Omni Group tycoon Anwar Majeed and his son Abdul Ghani Majeed have approached a banking court seeking post-arrest bail in the fake bank accounts and money laundering case.
The banking court issued a notice to the Federal Investigation Agency (FIA) on the application in this regard on Saturday.
The FIA was ordered to submit its response to the bail plea on next hearing to be held on Jan 23.
In the petition, the applicants have argued that the agency had failed to produce evidence to corroborate charges against them. “FIA has been taking action against us on a political basis,” they stated.
THE 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 ‘benaami’ 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.
