A reportedly leaked investigative report linked to the case of arrested suspect Anmol, also known as “Pinky”, has sparked concern across official, diplomatic, and law enforcement circles in Pakistan after claims emerged that the alleged contact network included bureaucrats, diplomats, and other influential figures. Read More: Alleged drug queenpin Pinky sent to jail on judicial remand According […]
money laundering
Karachi call centre owners under money laundering probe
Authorities have initiated a money laundering investigation against the owners and close associates of a call centre in Karachi Gulshan-e-Iqbal area after a recent raid conducted by the National Cyber Crime Investigation Agency (NCCIA). Read More: IMF pressures Pakistan to tighten money laundering controls According to officials, investigators have identified Murtaza and Dhani as the principal owners […]
IMF flags low reporting in real estate sector
The International Monetary Fund (IMF) has raised concerns over Pakistan’s low reporting of suspicious financial transactions in the real estate sector, urging authorities to strengthen anti-money laundering controls and improve monitoring mechanisms. Read More: IMF calls for crackdown on tax evasion in real estate sector According to official sources, the IMF has asked Pakistan to address the […]
Court grants interim bail to Prime Minister Shehbaz Sharif’s daughter and son-in-law
A special central court in Lahore on Tuesday granted interim pre-arrest bail to Prime Minister Shehbaz Sharif’s daughter Rabia Imran and her husband Imran Yousaf in a money laundering case, providing them temporary relief from arrest. Read More: Interim bail of Bushra Bibi extended The couple appeared before the court along with their legal counsel as […]
Interpol issues red notice for Indonesian oil tycoon over $285m corruption case
JAKARTA: Interpol has issued a red notice for the arrest of one of Indonesia’s top oil tycoons, Mohammad Riza Chalid, over a $285 million corruption scandal, authorities said late Sunday. Interpol resmi menerbitkan red notice terhadap Mohammad Riza Chalid (MRC), tersangka kasus dugaan korupsi tata kelola minyak mentah. Polri memastikan buron kakap itu hanya mengantongi […]
Money laundering probe surfaces against Faiz Hameed’s brother
A money laundering inquiry has emerged against Najaf Hameed, the brother of former Director General of the Inter-Services Intelligence (DG ISI) Faiz Hameed, as a court cancelled his bail in a fraud case on Wednesday. Read More: Money Laundering and White Collar Crimes – According to a written order issued by the Special Central Court, Najaf […]
Malaysia’s ex-army chief, wife charged with corruption
KUALA LUMPUR: A former Malaysian army chief and his wife were charged on Thursday with money laundering, part of a sweeping corruption investigation into military procurement contracts, authorities said. Read More: Malaysian former army chief and family held in corruption probe Muhammad Hafizuddeain Jantan, 57, and his wife Salwani Anuar, 26, pleaded not guilty to allegations […]
Money Laundering and White Collar Crimes
In India, Pakistan and other Asia countries, the growth of money laundering and white collar crimes is really picking up pace as the region’s economic expansion, financial system growth, and rapid digital advancements keep pushing the boundaries. The sheer speed and complexity of the new techniques employed in these sophisticated crimes are making it harder […]
Pakistan drafts strict rules to curb illegal virtual asset use
ISLAMABAD – Pakistan has prepared an initial draft of Virtual Asset Service Provider (VASP) regulations aimed at preventing illegal use of virtual assets, including money laundering, terrorism financing, and corruption. The move is part of the country’s compliance with Financial Action Task Force (FATF) requirements. Read More: Govt moves to extend virtual assets ordinance amid push […]
Fortune teller and assistant charged in $70 million fraud
SYDNEY – A self-proclaimed fortune teller and her assistant have been charged with defrauding vulnerable clients of tens of millions of dollars in a sophisticated money-laundering and fraud operation. Police arrested the 53-year-old woman and her 25-year-old assistant at a home in Dover Heights on Wednesday morning following a targeted raid. The older woman, who […]