Money laundering, suspicious transactions: FIA registers cases against Dr Fazeela Abbasi

ISLAMABAD: The Federal Investigation Agency (FIA) has initiated legal action against Dr Fazeela Abbasi’s beauty clinic for violation of rules and illegal activities. Action was conducted by FIA Corporate Crime Circle.

According to FIA, Dr Fazeela Abbasi started an unlicenced medical practice in a residential area of F8. Sources said during the raid, unregistered and substandard medicines were recovered from her clinic. Healthcare laws and CDA regulations were also violated at the clinic. Dr Fazeela continued illegal commercial activities in the residential area. There was also an attempt to destroy evidence at the clinic before the FIA raid.

The FIA has also registered a case against Dr Fazeela on charges of money laundering. Dr Fazila also violated foreign exchange laws. Suspicious transactions of more than Rs 2.5 billion were also made in 22 bank accounts from Dr Fazeela’s clinic.

Dr Fazeela declared her income of only four to six lakh rupees on transactions worth billions of rupees. Further investigation was conducted on the clear discrepancy between the declared income and the actual financial activities.

Dr Fazeela had her own and joint accounts in Dubai Islamic Bank, MCB, UBL and JS Bank.

FIA sources said that Dr Fazeela made large-scale suspicious transactions in dollars and dirhams. Illegal funds were transferred to all bank accounts, evidence of hawala and hundi was also found.

The investigation into alleged facilitation of government officials for Dr Fazeela has also been launched. Other people besides Dr Fazeela are also involved in the network, more arrests will be made.