Tuesday , May 26 2020

Money laundering case: Zardari, Talpur appear before court

Zardari and Faryal Talpur

Karachi: A banking court in Karachi resumed hearing on Wednesday of a case relating to alleged money laundering of billions of rupees through fake bank accounts.

Pakistan Peoples Party (PPP) Co-chairperson Asif Ali Zardari and his sister Faryal Talpur showed up before the court amid tight security. The jail authorities didn’t bring Omni Group chairman Anwar Majeed in the court because of his ill health.

The court is currently seized and the decision under consideration is whether or not to extend the interim bail of Asif Ali Zardari which will expire today.

On Jan 7, the court had given the bail of the PPP leaders till Jan 23 in the money laundering case.

Zardari and Talpur are allegedly involved in the money laundering through fake cases of Rs 35 billion. Zaradri’s accomplice Hussain Lawai and Anwar Majeed are accused in this case. They both are in custody of the police.

A Joint Investigation Team (JIT) formed to investigate the mega money laundering scam gave its report to Supreme Court.

The accountability court has banned the sale , purchase and transfer of property owned by Zardari group and Omni Group after the JIT revealed that Rs42 billion was laundered through fake bank accounts.

JIT also blamed Zardari for not showing up his assets in the nomination paper submitted in the 2018 general elections and recommended filing case against Bilawal Bhutto Zardari.

 

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