Faisal Vawda hints at big breakthrough in money laundering probe

KARACHI: Pakistan Tehreek-e-Insaf (PTI) leader Faisal Vawda on Tuesday said the nation would soon hear such big news on money laundering which they have been yearning to hear for several decades.

“Under the recent agreement with the United Kingdom government against money laundering, the nation is going to hear such a big news in a few days which they would be badly yearning to hear for the last 65 years,” he said while talking in context of the arrest of a Pakistani political figure in the UK.

He hinted at crackdown on money launderers by not only bringing back their ill-gotten money stashed abroad, but extraditing those criminals also.

Read More: Pakistani man arrested in UK is reportedly TDAP scam accused 

“Those who have been involved in this should become restless from now on after signing of the pact between Pakistan and the UK today,” he said.

Faisal said the prime minister would disclose about the said breakthrough in a day or soon after Ashura.

It should be noted that a political figure from Pakistan has been arrested by the UK’s National Crime Agency (NCA) in connection with money laundering investigation on Monday.

Sources confided to ARY News that the man arrested by the UK authorities is Farhan Junejo, who was wanted in money laundering case related to the Trade Development Authority of Pakistan (TDAP) scam. He was also said to be the front man of the then federal commerce minister Makhdoom Amin Faheem (late).

According to the NCA, “Officers from the NCA’s International Corruption Unit have arrested a former ‘Pakistani Politically Exposed Person’, aged in his 40s, and his wife, aged in her 30s, in connection with alleged money laundering in the United Kingdom believed to be the result of corruption in Pakistan.”

Junejo, director to the former minister for industries and trade Makhdom Amin Faheem, had allegedly transferred Rs250 million of corruption money through hawala and hundi, which are illegal methods of transferring money.

Farhan Junejo was a grade-18 government officer and he was appointed on deputation in the federal ministry of industries and trade, where he worked as director to the minister from 2009 to 2012.