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Fake accounts case: Court extends Talpur's remand till July 22



ISLAMABAD: An accountability court on Monday extended the physical remand of former president Asif Ali Zardari's sister Faryal Talpur's physical remand to the National Accountability Bureau (NAB) till July 22.
The NAB presented Talpur before the court, Zardari was also present on the occasion. The prosecutors maintained that it was unable to investigate due to Talpur’s release on production orders.
The former president asked courts to release Talpur and take his 90 days remand instead. Judge Arshad Malik refused the request. The court extended the physical remand for as many as 14 days.

The case

The authorities are investigating 32 people in relation to money laundering from fictitious accounts, including Zardari and Talpur. Zardari’s close aide Hussain Lawai was arrested in July in connection with the probe.
The former president’s other close aide and Omni Group chairman Anwar Majeed a close aide and Omni Group chairman and his son, Abdul Ghani, were arrested by FIA in August.
Over 20 ‘benami’ accounts at some private banks were opened in 2013, 2014 and 2015 from where transactions worth billions of rupees were made, according to sources.
The amount, according to FIA sources, is said to be black money gathered from various kickbacks, commissions and bribes.

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