AIRLINK 74.64 Decreased By ▼ -0.21 (-0.28%)
BOP 5.01 Increased By ▲ 0.03 (0.6%)
CNERGY 4.51 Increased By ▲ 0.02 (0.45%)
DFML 42.44 Increased By ▲ 2.44 (6.1%)
DGKC 87.02 Increased By ▲ 0.67 (0.78%)
FCCL 21.58 Increased By ▲ 0.22 (1.03%)
FFBL 33.54 Decreased By ▼ -0.31 (-0.92%)
FFL 9.66 Decreased By ▼ -0.06 (-0.62%)
GGL 10.43 Decreased By ▼ -0.02 (-0.19%)
HBL 114.29 Increased By ▲ 1.55 (1.37%)
HUBC 139.94 Increased By ▲ 2.50 (1.82%)
HUMNL 12.25 Increased By ▲ 0.83 (7.27%)
KEL 5.21 Decreased By ▼ -0.07 (-1.33%)
KOSM 4.50 Decreased By ▼ -0.13 (-2.81%)
MLCF 38.09 Increased By ▲ 0.29 (0.77%)
OGDC 139.16 Decreased By ▼ -0.34 (-0.24%)
PAEL 25.87 Increased By ▲ 0.26 (1.02%)
PIAA 22.20 Increased By ▲ 1.52 (7.35%)
PIBTL 6.80 No Change ▼ 0.00 (0%)
PPL 123.58 Increased By ▲ 1.38 (1.13%)
PRL 26.81 Increased By ▲ 0.23 (0.87%)
PTC 14.01 Decreased By ▼ -0.04 (-0.28%)
SEARL 58.53 Decreased By ▼ -0.45 (-0.76%)
SNGP 68.01 Decreased By ▼ -0.94 (-1.36%)
SSGC 10.47 Increased By ▲ 0.17 (1.65%)
TELE 8.39 Increased By ▲ 0.01 (0.12%)
TPLP 11.05 Decreased By ▼ -0.01 (-0.09%)
TRG 63.21 Decreased By ▼ -0.98 (-1.53%)
UNITY 26.59 Increased By ▲ 0.04 (0.15%)
WTL 1.42 Decreased By ▼ -0.03 (-2.07%)
BR100 7,943 Increased By 105.5 (1.35%)
BR30 25,639 Increased By 187.1 (0.73%)
KSE100 75,983 Increased By 868.6 (1.16%)
KSE30 24,445 Increased By 330.8 (1.37%)
Markets

FIA launches probe in money laundering against Tareen's JWD firm

  • Agency has sought details of 22 people, including Jahangir Tareen and members of his family and details of properties and bank accounts owned by them
Published August 26, 2020

(Karachi) The Federal Investigation Agency (FIA) has launched probe into money laundering charges against Pakistan Tehreek-i-Insaf (PTI) senior leader Jahangir Tareen’s JWD Group, media reported on Wednesday.

The FIA's investigation team has written letters to the deputy commissioners of Karachi, Multan, Islamabad, Lahore and Rahim Yar Khan seeking details of properties and bank accounts owned by the PTI leader, his son Ali Tareen and others associated with the firm.

As per reports, asset details of 22 people, including Jahangir Tareen and members of his family, have been sought.

The probing official also approached the Lahore Development Authority and the Capital Development Authority to submit relevant details. The agency has asked the Security Exchange Companies of Pakistan (SECP) to provide details of all companies registered in the name of Jahangir Tareen.

Earlier, the federal government formed a high powered combined investigation team to probe an alleged financial scam of over Rs20 billion involving three biggest groups running sugar mills in the country.

The CIT formed by head of FIA Wajid Zia initiated legal actions against JDW Group of Companies, owned by PTI leader Jahangir Khan Tareen and Alliance Sugar Mills owned by RYK Group with major share of family of Federal Minister for Economic Affairs Makhdoom Khusro Bakhtiar and PML-Q leader Chaudhry Moonis Elahi.

Comments

Comments are closed.