ISLAMABAD: Federal Investigation Agency (FIA) has claimed to retrieve the data of money laundered abroad from Pakistan to the tune of Rs103 billion from the main servers of Khanani & Kalia International (KKI), a Pakistan-based money exchange company.
According to the official sources, FIA has retrieved this data during its re-investigations launched in infamous Khanani and Kalia money-laundering case and a report has been presented to the Interior Minister Chaudhry Nisar Ali Khan.
During the investigations, FIA has retrieved data of 56,000 transactions, from various storage mediums, having total value of Rs93b laundered abroad through KKI. The agency has also identified 1,023 companies who laundered money abroad, in connivance with KKI, to the tune of 22.69 billion rupees against 8103 transactions.
Last month, Interior Minister Chaudhry Nisar Ali Khan had said that the investigations of FIA had revealed that 100 billion rupees were laundered abroad from Pakistan during 2005 to 2008 in Khanani and Kalia case.
After a meeting at the interior ministry, the minister had called the Khanani and Kalia case as unbelievable, saying the government was properly pursuing it. The accused in the case, registered by FIA in 2008, even got acquittal as they in connivance with the officials got record of the case disappeared, the minister had said.
FIA had registered a fresh case against this money laundering racket when Altaf Khanani, one of the directors of KKI, was sentenced to prison in the United States. In March this year, United States District Court in Florida sentenced Altaf Khanani to 68 months in prison and a $250,000 fine on charges of hatching conspiracy to commit money laundering.
