Court frees all accused in Khanani and Kalia money laundering case

Pakistan

Court frees all accused in Khanani and Kalia money laundering case

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Special judge for banking Mir Muhammad Sheikh has released all the accused in a money laundering case in which they had illegally transferred billions of rupees to foreign countries.

04 March,2011 04:41 pm

The Federal Investigation Agency (FIA) had arrested Hanif Kalia, Javed Khanani, Munaf Kalia and Atif Polani on May 15, 2008 for illegally transferring billions of rupees to foreign countries. Bankers Syed Wajahat Ali, Masood Altaf, Tasleem Ahmed and Arifur Rehman were also involved in the case.All the accused were arrested for opening illegal bank accounts and transferring billion of rupees to foreign countries. FIA Deputy Director Israr Ali said that his department will challenge this decision in the high court.