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Home / Pakistan / Fake bank accounts case: SC orders Sindh govt to provide record till Oct 26

Fake bank accounts case: SC orders Sindh govt to provide record till Oct 26

ISLAMABAD (Muslim Times) – Supreme Court (SC) on Monday has ordered Sindh government to submit record related to money laundering through fake bank accounts till October 26.

During the hearing, the Joint Investigation Team (JIT) head revealed that Rs101 billion has been laundered so far as more transactions have been made through fake bank accounts.

He told the court that Sindh government is not cooperating with them to complete the investigation.

Meanwhile, Sindh Advocate General responded that it’s difficult to provide 10-year-old data to JIT, adding that the record of the contracts is not properly compiled due to which the concerned authorities are facing problem.

The next hearing will be carried out in SC Karachi registry on October 26.

Earlier, Federal Investigation Agency (FIA) had submitted a report in SC, revealing that 25 politicians own assets in Dubai. The agency had claimed that 895 Pakistanis were served notices.

FIA had also traced assets of two absconders in Dubai.

SC was also informed that Pakistani nationals own up to $150 billion worth of assets and money in bank accounts in United Arab Emirates (UAE).

Attorney General told that 11 agents, involved in illegal transfer of money, were taken into the custody during raids in parts of country.

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