Govt working on recovery of foreign assets bought with laundered money, says Fawad

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ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry said on Tuesday that the government is working to recover foreign assets bought by different politicians with laundered money.

Talking to a private news channel, the information minister said that former premier Nawaz Sharif was given relief by the accountability court in the Flagship Investments reference due to some “technical reasons” but the National Accountability Bureau (NAB) is going to file a review petition in Islamabad High Court (IHC) against the decision.

He said that the government is also completing legal formalities to bring back former finance minister Ishaq Dar and sons of Nawaz Sharif.

Replying to a question, he said that the Federal Investigation Agency (FIA) has suggested filing of sixteen different references against leaders of Pakistan People’s Party (PPP) and Omni Group on the basis of joint investigation team’s (JIT) report regarding the money laundering scandal.

He said that the JIT submitted its report after complete verification of fake bank accounts, money laundering and misuse of authority cases.