Money laundering case: JIT submits report in SC, detects 33 more accounts

ISLAMABAD: Joint Investigation Team (JIT) on Monday has informed the Supreme Court that they have discovered 33 more suspicious accounts and they are being scrutinized.

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A three-judge bench headed by Chief Justice of Pakistan Justice Mian Saqib Nisar is hearing a case pertaining to money laundering of Rs35 billion from fictitious bank accounts.

During the hearing, a joint investigation team (JIT) submitted its first progress report before the bench in a sealed envelope.

According to the report, 33 more dubious accounts have been detected that are under scrutiny and 334 individuals were involved in transactions.

Moreover, 210 companies were found to be suspicious, out of which 47 companies were related to the Omni Group, the report detailed.

The CJP ordered Omni group to bear all expenses of JIT.

The top court also ordered a special court to not issue any orders in an ongoing Rs35 billion money laundering case without informing it beforehand.

The SC also stopped the special court from unfreezing Omni Group’s bank accounts.

On September 6, the top court constituted a six-member joint investigation team to investigate the fake bank accounts case.

Six members of the JIT, headed by Additional Director General (Economic Crime Wing) FIA Headquarters Ahsan Sadiq, include Commissioner-IR (Corporate Zone) Regional Tax Officer Imran Latif Minhas, Joint Director BID-I State Bank of Pakistan Majid Hussain, Director National Accountability Bureau Noman Aslam, Muhammad Afzal, Director (Specialized Companies Division) Securities & Exchange Commission of Pakistan and Brigadier Shahid Parvez of Inter-Services Intelligence.

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