FIA has revealed that Babar Ghauri, Rauf Siddiqui, Nasreen Jalil, and Waseem Akhtar among 50 others allegedly transferred billions to London, whereas massive transactions took place through the accounts of Sohail Masnoor and Arshad Vauhra.
According to FIA, a total of 700 transactions took place in 14 years – five hundred of which occurred through fictitious accounts. Morever, the agency has collected details of as many as 200 people who sent money to London illegally.
Last week, FIA traced banking transactions worth over Rs4 billion from fake accounts opened on the name of a deceased person identified as Mohammad Iqbal.
As per details garnered, Mohammad Iqbal had passed away on May 9, 2014. All fake bank accounts were opened in three branches of the same private bank.
Sources privy to development stated that both FIA and joint investigation team [constituted on the directives of Supreme Court ] were separately probing the incident.