Court adjourns money laundering case against Zardari, others

KARACHI: A banking court here on Tuesday adjourned hearing of a case pertaining to alleged money laundering of billions of rupees through fake bank accounts. 

The hearing of the case was adjourned till November 13 owing to the absence of the judge who was said to be busy in a three-day conference being held in the federal capital.

Former president Asif Ali Zardari, his sister Faryal Talpur and other accused appeared before the court. A number of PPP leaders, including provincial ministers Imtiaz Sheikh and Nasir Shah, accompanied the party co-chairman during his appearance in court.

Zardari and his sister are among over a dozen suspects nominated in the money-laundering scam.

According to the FIR registered by FIA, transactions of billions of rupees were made into suspicious accounts, including the one owned by the PPP leaders, the Zardari Group, which is accused of receiving Rs 15 million of the laundered money.

Lately, the FIA conducted raids at the Karachi office of the Omni Group of Companies owned by Anwar Majeed, a close aid of Zardari, and confiscated record reportedly related with money laundering.