Malaysia’s former prime minister Najib Razak was hit with new charges Wednesday linked to a multi-billion-dollar financial scandal that contributed to his shock election defeat in May. Appearing at a court in Kuala Lumpur, Najib was charged with three counts of money-laundering over claims he pocketed 42 million ringgit ($10.3 million) from a former unit […]
money laundering
Will retrieve laundered money, Imran tells Britain
Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has told Britain that he would retrieve wealth ‘looted from Pakistan and stashed in the UK by corrupt Pakistani politicians’, British media reported. In his first meeting with British officials after winning the general elections, the prime minister-in-waiting made it clear that he would pursue the laundered money. It […]
Talpur and Zardari fail to appear before FIA: Money laundering scam
KARACHI: Former president Asif Ali Zardari and his sister Faryal Talpur on Saturday did not appear before Federal Investigative Agency (FIA) in relation to Rs35 million money laundering case. The FIA had summoned the duo today and both failed to appear. Talpur’s advocate Muzamil Qureshi appeared before FIA on her behalf and sought for another date. Citing her […]
FIA takes Zardari’s aide Lawai in physical remand till July 11
KARACHI: Pakistan Peoples’ Party (PPP) co-chairman Asif Ali Zardari’s close aide Hussain Lawai o Saturday was remanded in custody of Federal Investigation Agency (FIA) till July 11. The Judicial Magistrate court (Sindh) approved physical remand of Lawai and Taha Raza after being presented in court earlier today after being arrested on Friday. Earlier on Friday, […]
PML-N decides to take legal action against NAB chairman
ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) on Friday decided to take legal action against NAB Chairman Justice (retd) Javed Iqbal over money laundering allegations against party lifetime chief Nawaz Sharif. PML-N held a Central Executive Committee meeting at Punjab House in Islamabad, in which the attendees rejected NAB’s earlier clarifications on the matter and decided to […]
‘Present proof in 24 hours or go home,’ Nawaz tells NAB chief
LAHORE: Former prime minister Nawaz Sharif on Thursday asked the National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal to present proof of the money laundering allegations against him in 24 hours or tender resignation. Nawaz, during a press conference at Punjab House, criticised the NAB chairman for ordering an inquiry against him and other […]
NAB is going beyond its mandate in several cases, says Nawaz
ISLAMABAD: Former Prime Minister Nawaz Sharif on Thursday stated that National Accountability Bureau (NAB) is exceeding from its mandate in many cases. Nawaz said that he will hold a press conference at the Punjab House today. He is expected to react over NAB’s new probe against him. On the accountability court hearing of cases against him, he talked […]
FIA counter-terrorism wing to collect evidence against MQM’s Altaf Hussain in money laundering case
RAWALPINDI: A Federal Investigation Agency’s (FIA) counter-terrorism wing committee will be departing to London in the first week of May to collect evidence against Mutahidda Quami Movement’s (MQM) founder Altaf Hussain in a case of money laundering in party’s charity wing funds. According to sources, FIA team will be led by Dr Mazharul Haq Kaka […]
NAB to verify money laundering complaints against Khawaja Asif
ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (retd) Javed Iqbal on Wednesday directed the authorities to verify complaints registered against Foreign Minister Khawaja Asif, alleging him of money laundering. According to a press release, NAB has initiated a preliminary verification into allegations of money laundering against Khawaja Asif. It was further stated that the investigation […]