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 probe reveals Rs41b laundered via fake accounts

byCT Report
29/08/2018
in Business
Share on FacebookShare on Twitter

KARACHI: The Federal Investigation Agency’s (FIA) ongoing probe into a case relating to fake bank accounts has revealed that as much as Rs41 billion were laundered.

FIA officials have found at least 15 more suspicious bank accounts, four of which have been confirmed as fake. A total of Rs6 billion were laundered via these four fake or ‘benami’ accounts.

You might also like

Nepra hikes electricity tariff by Rs2.37 for November bills

07/11/2026

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

06/11/2026

With the latest revelation, the total amount of money laundered via fake bank accounts has climbed to Rs41 billion.

The FIA is investigating at least 32 people in relation to money laundering from fictitious accounts, including former president Asif Ali Zardari and his sister Faryal Talpur. Zardari’s close aide Hussain Lawai was arrested in July this year in connection with the probe, whereas Omni Group chairman Anwar Majeed and his son, Abdul Ghani Majeed, were also taken into custody earlier this month.

FIA officials said that out of the four accounts confirmed to be fictitious, some belong to Omni Group.

The agency is investigating the other 11 ‘suspicious’ accounts, via which Rs90 million transfer involved the Zardari group.

So far, as many as 33 bank accounts have been found to be fake or ‘benami’ accounts which were employed to launder money.

Related Stories

Nepra hikes electricity tariff by Rs2.37 for November bills

byCT Report
07/11/2026

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved Rs2.37 per unit hike in electricity tariff under the monthly...

Govt appoints Mustafa Ramday as PSO chairman for three years, reconstitutes board

byCT Report
06/11/2026

ISLAMABAD: Pakistan State Oil Company Limited (PSO) has confirmed the appointment of Mustafa Ramday as its new chairman following the...

SECP registers 5,003 new companies in October 2026

byCT Report
05/11/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) registered 5,003 new companies in October 2026, bringing the total number...

Pakistan offers 1,000 acres of land to Turkish investors in Karachi Industrial Park

byCT Report
04/11/2026

ISTANBUL: Pakistan has offered 1,000 acres of land earmarked for Turkish enterprises in Karachi Industrial Park, inviting Turkish companies to...

Next Post

Faisalabad Customs to hold auction of NDP vehicles & goods today

  • 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.