FIA seizes properties of Khidmat-e-Khalaq foundation worth Rs3.5 bn

Dunya News

FIA told that the properties of Khidmat-e-Khalaq foundation were bought using extortion money.

ISLAMABAD (Dunya News) – The Federal Investigation Agency (FIA) on Thursday has seized properties of Muttahida Qaumi Movement’s Khidmat-e-Khalq Foundation (KKF) worth Rs3.5 billion in an ongoing money laundering case.

According to FIA, at least 29 properties of KKF located in different areas of Karachi have been seized for transactions with fake names.

FIA maintains that these properties of Khidmat-e-Khalaq foundation were purchased using extortion money.

The federal institution informed that the money gained from these properties was either transferred to London banks through facilitators or was given to the families of deceased and imprisoned workers of the party.

Sohail Mansoor, Babar Ghauri and Ahmad Ali are among the facilitators who transferred the money to London.

MQM-Bahadurabad while expressing serious concern has summoned a consultative meeting over FIA’s action.