A Banking court judge has asked FIA officials to complete their investigation into the matter before next date of hearing.
LAHORE: (UrduPoint/Pakistan Point News-May 3rd, 2021) A Banking court has extended till May 19 the interim bail of Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen and his son Ali Tareen in money laundering and fraud cases.
FIA, on March 31st, registered two separate cases against Tareen and his son over Rs 3 billion financial embezzlement and their involvement in sugar scandal. The agency also accused former Secretary Rana Naseem of beign patron of the sugar mills mafia scandal for which his name was being included in the registered case.
In the second case, Jahangir Khan Tareen, his son Ali Tareen and two daughters were named. FIA detected that Jahangir Tareen transferred Rs. 3billion from his son-in-law’s non-operating paper factory, JDW which was later transferred to the accounts of Tareen family.
The PTI leader’s factory has 26% public shareholders.