Arrest warrants issued for Asif Ali Zardari in money laundering case

A banking court issued on Friday arrest warrants for former president Asif Ali Zardari in a case pertaining to money laundering of Rs35 billion through fake accounts.

During the hearing conducted at a banking court in Karachi, arrest warrants were issued for Zardari and others involved in the case, local media reported. The court has ordered that the suspects be arrested and presented before the court by September 4.

Apart from Zardari, his sister Faryal Talpur is also accused in the money-laundering case. However, Faryal was granted bail before arrest. The brother-sister duo has been declared absconders in the case.

Earlier today, the same court also granted Federal Investigation Agency (FIA) the physical remand of Anwar Majeed, who is a close aide of Zardari and Omni Group chairman, and his son Abdul Ghani Majeed in the same case.

FIA arrests Zardari’s close aide Anwar Majeed in money laundering case

The FIA has been granted physical remand of Anwar and his son till August 24. During the hearing today, both the father-son duo was presented at a banking court in Karachi.

Anwar was taken into custody outside the Supreme Court (SC) on Wednesday, where he and his family appeared after being summoned by the Chief Justice of Pakistan (CJP) Saqib Nisar. During the hearing, the top court also ordered to place the names of the Majeed family on Exit Control List.

The CJP added that he had no objections if the FIA wanted to take the Majeed family into custody. On August 12, Anwar had said that he has distanced himself from the Omni Group due to his poor health. He said he was no longer fulfilling his responsibilities at the group.