Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

FIA finds 30 fake accounts in KP

byCT Report
05/11/2018
in Business
Share on FacebookShare on Twitter

PESHAWAR: The Federal Investigation Agency (FIA) has unearthed in Khyber Pakhtunkhwa 30 benami accounts from which transactions worth billions of rupees have been made.

FIA’s KP Director Mir Wais Khan said that most of the benami accounts were traced in the far-off areas of the province like Swat and Besham. “We have recently completed inquiries into the benami accounts and are now going to register FIRs against the account holders.”

You might also like

Govt likely to cut petrol price, diesel may get costlier

05/06/2026

CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers

04/06/2026

The FIA director didn’t reveal the exact amount transected through these accounts, but said different teams had been constituted to probe the fake accounts. He said certain influential personalities had opened bank accounts in the names of their poor servants.

The FIA has launched a countrywide investigation into the benami or fake accounts on the orders of the Supreme Court.

Wais Khan said the benami accounts were mostly opened for money laundering as the amount transected through them had not been used for business purposes.

When asked if any arrest was made, he said that after the registration of FIRs action would be taken against those involved in illegal transaction.

Of the 30 benami accounts traced, he said, transaction of large sum of money had taken place in 17 accounts.

Related Stories

Govt likely to cut petrol price, diesel may get costlier

byCT Report
05/06/2026

ISLAMABAD: The federal government is expected to revise petroleum prices later today amid reports of a whooping increase in high...

CCP approves acquisition of Pakistan oxygen’s liquid CO2 Plant by Pak Arab fertilizers

byCT Report
04/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the proposed acquisition of the liquid carbon dioxide (LCO2) plant of...

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

byCT Report
03/06/2026

ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...

Pakistan cuts mango export target by 30,000 tons as Mideast crisis disrupts markets

byCT Report
02/06/2026

ISLAMABAD: Pakistan’s mango exporters have cut this year’s export target by 30,000 tons, or nearly 30 percent, warning that conflict-related...

Next Post
DOHA, QATAR - NOVEMBER 17: The Doha Skyline at sunrise on the fifth day of the 21st ANOC General Assembly at the Sheraton Grand Hotel on November 17, 2016 in Doha, Qatar. (Photo by Mark Runnacles/Getty Images for ANOC)

Mending Qatar Ties Won't Calm Investors Troubled by Saudi Shocks

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.