Fake accounts case: NAB decides not to rely on JIT report only
NAB has decided to complete the investigation in two months.
ISLAMABAD (Dunya News) – National Accountability Bureau (NAB) on Tuesday has decided not to completely rely on the report of Joint Investigation Team (JIT) regarding fake bank accounts case.
The bureau told that reference against the accused will be filed after getting complete evidence. However, first report in this regard will be submitted in Supreme Court (SC) on Friday, it added.
NAB has also decided to complete the investigation in two months.
Money laundering case
Earlier on December 24, the Joint Investigation Team (JIT), formed on the apex court’s orders to probe into the alleged money-laundering case, presented its 128-page final report to the court which included recommendations for filing 16 NAB references.
The report had mentioned that 29 fake accounts were identified by the Federal Investigation Agency (FIA) which laundered Rs42 billion, however, the team further discovered 11,500 bank accounts of 924 account holders, 59 Suspicious Transaction Reports (STRs) and 24,500 Cash Transactions Reports (CTRs).
All of these details were scrutinized, besides the loan profile of 924 individuals.
The report further stated that the fake accounts were opened through the Omni Group, however the accounts had been engaged with direct transactions with the Zardari Group, Bahria Town, Sindh Government departments and certain contractors while the ultimate beneficiary of money laundering was Zardari’s family.
Later, the court had ordered Zardari to submit his reply by December 31, however, during the previous hearing extended his and his sister s interim bail till January 7.
On September 6, the SC had formed a JIT to probe into alleged mega money laundering of Rs42 billion channeled through fake bank accounts in three banks.
Besides the Zardari family, several prominent individuals including former Summit Bank president Hussain Lawai and Omni Group president Anwar Majeed, have been accused in the case.
Property tycoon Malik Riaz, his son-in-law Zain, Sindh Chief Minister Murad Ali Shah and PPP Chairman Bilawal Bhutto Zardari have been also included in the inquiry.
