Money Laundering Case: MQMs Khalid Maqbool, Faisal Sabzwari among others served notices
Sources said that the fake entries have been traced in the foundations account.
ISLAMABAD (Dunya News) – The Federal Investigation Authority’s (FIA) anti-terrorism wing has collected more important evidence in case pertaining to Muttahida Qaumi Movement (MQM) money laundering case.
Sources told Dunya News that the FIA has collected evidence against the MQM over money laundering worth Rs1400 million.
The FIA has issued notices to more than a dozen MQM leaders including Khalid Maqbool Siddiqui and Faisal Sabzwari, while the names of Pak Sarzameen Party (PSP) leader Asif Hussain, Salman Baloch, Saman Jaffri and SA Qadri also included in the list.
Sources said that the fake entries have been traced in the foundation’s account.
The agency further said that Rs1 billion had been deposited under fake names.
On October 23, the FIA had recorded statements of four Muttahida Qaumi Movement (MQM) leaders as part of its investigation into money laudering case.
FIA had revealed that Babar Ghauri, Rauf Siddiqui, Nasreen Jalil, and Waseem Akhtar among 50 others allegedly transferred billions to London, whereas massive transactions took place through the accounts of Sohail Masnoor and Arshad Vauhra.
According to FIA, a total of 700 transactions took place in 14 years – five hundred of which occurred through fictitious accounts. Morever, the agency has collected details of as many as 200 people who sent money to London illegally.
Last week, FIA traced banking transactions worth over Rs4 billion from fake accounts opened on the name of a deceased person identified as Mohammad Iqbal.
As per details garnered, Mohammad Iqbal had passed away on May 9, 2014. All fake bank accounts were opened in three branches of the same private bank.
Sources privy to development stated that both FIA and joint investigation team [constituted on the directives of Supreme Court ] were separately probing the incident.
