ISLAMABAD: The Supreme Court on Monday directed the Joint Investigation Team (JIT) probing money laundering of more than Rs35 billion through fake accounts to submit its report within two weeks.
A three-member bench headed by Chief Justice of Pakistan Mian Saqib Nisar heard the suo motu case related to money laundering of billions of rupees through fake accounts, including the one owned by the PPP’s top leadership.
The apex court summoned Abdul Ghani Majeed of the Omni group to appear in person on next hearing. It also directed top officials of the National, Sindh and Summit Banks to appear on the next hearing to be held on 17th of this month.
When inquired about time-frame for submission of the report, the JIT head sought more time to submit the report.
The chief justice expressed displeasure over Omni Group’s Namar Majeed, saying he was not arrested to ensure resolution of financial matters of the group.
Earlier, the court was informed that about Rs11.29 worth of the group’s assets were mortgaged with banks and it owed a total debt of Rs73 billion to different banks.
The chief justice had remarked that the court was awaiting the JIT report and that Namar Majeed was not arrested on the court’s orders.
