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 Karachi

JIT NAB prepares transfer of money laundering scam from Karachi to Islamabad

byCT Report
05/03/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Joint prosecution team of National Accountability Bureau (NAB) is fully prepared to satisfy the banking court for transfer of mega money laundering case from Karachi to Islamabad.

On March 05, 2019, banking court took up mega money laundering case and Asif Ali Zardari, former president, his sister Faryal Talpur, co-accused Anwar Majeed, his sons AG Majeed, Nemar Majeed, Zain Malik, son-in-law of Malik Riaz, Chairman Bahria Town and other suspects will appear before the court.

You might also like

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

21/04/2026

OICCI proposes 5pc cap on withholding tax, calls for reforms

21/04/2026

Sources told Customs Today that joint prosecution team comprising several NAB prosecutors has fully prepared and today will argue for transfer this case from Karachi to Islamabad.

Sources said that after approval of chairman NAB, they have completed their legal works and hopeful that after their arguments, court will transfer this case soon.

It needs to be mentioned here that on last date of hearing, Malik Mumtaz Ul Hassan, Deputy Director Federal Investigation Agency (FIA), Bakhtiar Channa, prosecutor FIA, Munir Bhatti, Shoukat Hayat and Jamshad Malik advocates for accused persons and investigation officer and prosecutor for NAB appeared before the court.

During the hearing, prosecutor for FIA had argued that in the light of order of Supreme Court of Pakistan, mega money laundering case is under consideration to shift from Karachi to Islamabad, therefore, this court may not take up bail application till further directing of appellate bench of Supreme Court.

However, counsels for accused persons argued that this court has fully empowered to hear and grant or reject bail applications and stay order of Supreme Court has been vacated after disposal off this matter.

Related Stories

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

byCT Report
21/04/2026

KARACHI: The Directorate General of Customs Valuation, a division of the FBR, issued Valuation Ruling No. 2069/2026 on April 16,...

OICCI proposes 5pc cap on withholding tax, calls for reforms

byCT Report
21/04/2026

KARACHI: The Overseas Investors Chambers of Commerce and Industry (OICCI) has proposed capping withholding tax rates at 5%, urging the...

Zong launches Pakistan’s first 5G facilitation Kiosk at Islamabad Airport

byCT Report
21/04/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has set a new industry benchmark by launching the country’s first dedicated 5G...

LHC allows Rs11.2b cost equalisation adjustment deduction for SNGPL in tax dispute

byCT Report
21/04/2026

LAHORE: The Lahore High Court has ruled that the Cost Equalisation Adjustment claimed by Sui Northern Gas Pipelines Limited qualifies...

Next Post

ICCI launches “Call for Cleantech Innovation Awards 2019” competition under NCTP

  • 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.