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NAB arrests another accused of money-laundering case from Thatta.

THATTA -- The National Accountability Bureau (NAB) officials have arrested Hassan Ali Memon, an accused in money-laundering case from Thatta, media reported on Friday.

According to sources, Hassan Ali Memon is a relative of former Sindh minister Sadiq Ali Memon and he was also named in the Joint Investigation Team (JIT) report in the money-laundering case.

Memon is a brother of Mumtaz Ali Memon, the Chairman Municipal Committee Thatta.

He was an engineer in Sindh Coal Authority and the project director for the Special Initiative, sources said.

A banking court today granted a plea of NAB and decided to transfer the high-profile money-laundering case against former president Asif Ali Zardari and his sister Fayal Talpur to Rawalpindi.

The court also suspended the bails of Asif Ali Zardari, Faryal Talpur, Nimar Majeed, Zulqarnain and other accused in the case.

Asif Ali Zardari, talking to media after the court decision said that the shifting of the case to Rawalpindi makes no difference.

Asif Ali Zardari, his sister Faryal Talpur and other accused are facing a probe into the money laundering scam involving over Rs35 billion money laundered through fake bank accounts.

Zardari's close aides Hussain Lawai and Anwar Majeed are also being investigated in the scandal. They both are in custody.

A Joint Investigation Team (JIT) formed to probe into the mega money laundering scam submitted its report in the Supreme Court. The report revealed that 29 fake bank accounts had been identified, which were used for money laundering.

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Publication:Regional Times (Karachi, Pakistan)
Date:Mar 16, 2019
Words:292
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