Money laundering scam: Report points out involvement of political heavyweight from Sindh

ISLAMABAD: The Joint Investigation Team (JIT) formed to probe into mega money laundering scam, on Thursday filed its report in the Supreme Court, ARY News reported.

The JIT report, comprises of over 7500 pages and more than a dozen volumes, points out involvement of a key politician from Sindh in money-laundering through fake bank accounts, sources said.

The report submitted in the apex court also complained that the government of Sindh didn’t extend satisfactory cooperation to the investigation team.

According to sources, the report also said to be attached the evidence against Omni Group of Companies for their involvement in money-laundering.

The Federal Investigation Agency (FIA) was directed by the Supreme Court to submit its JIT report into the mega money laundering scam of Rs 35billion on Wednesday (yesterday), but it failed in doing so.

According to sources citing the report, JIT recorded statements of more than 500 people into the scam.

It is pertinent to mention here that, Supreme Court had constituted a six-member joint investigation team to investigate the case.

Six members JIT, headed by Additional Director General (Economic Crime Wing) FIA Headquarters Ahsan Sadiq, include Commissioner-IR (Corporate Zone) Regional Tax Officer Imran Latif Minhas, Joint Director BID-I State Bank of Pakistan Majid Hussain, Director National Accountability Bureau Noman Aslam, Muhammad Afzal, Director (Specialized Companies Division) Securities & Exchange Commission of Pakistan and Brigadier Shahid Parvez of Inter-Services Intelligence.

According to the FIR registered by FIA, transactions of billions of rupees were made into suspicious accounts, including the Zardari Group, owned by the PPP leaders.

In December 2016, the Pakistan Rangers conducted raids at the Karachi office of the Omni Group of Companies and the residence of its owner Anwar Majeed and confiscated record allegedly related to money laundering.