Slumbering FIA tasked against money laundering

Author: By Siddique Sajid

ISLAMABAD: The National Counter Terrorism Authority (NACTA) has handed over 2,000 money laundering cases to the Federal Investigation Agency, sources disclosed.

They told Daily Times that under the National Action Plan various intelligence agencies had submitted information to NACTA regarding the companies and people that are operating in various parts of the country specially Lahore and Karachi.

Now FIA would investigate the cases and if charges are proved then those involved would be trialed under Anti-Money Laundering Act. Parliament had passed this act with certain amendments and now the government can take action against these elements, sources said.

Interior Minister Chaudhry Nisar Ali Khan would be briefed regarding implementation on NAP this week by NACTA and other relevant departments and agencies, sources said.

Sources added that on directions of Finance Minister Ishaq Dar action has been taken against people involved in money laundering and some arrests have also been made.

FIA has been given special powers to investigate the money laundering. The government is also using the Intelligence Bureau, Customs Intelligence and other departments to unmask the real culprits behind money laundering.

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