The turn of the screw

The ongoing churn in the political landscape which historians may track back to the Panama Papers affair has turned up another unsavoury money-trail, this time leading to the Muttahida Qaumi Movement (MQM) and its chief, Altaf Hussain, who is based in London. Sixty-nine foreign bank accounts have been detected linked to the Khidmat-e-Khalq charitable foundation that is part of the MQM. The information was shared with an anti-terrorism court on Wednesday by the FIA which is conducting an inquiry into terrorism financing and money laundering by the MQM. The sums of money involved are staggeringly huge — Rs1,321,509,608 — which was collected according to the KKF-owned books between 2013 and 2015. These sums — it is alleged — were obtained by extortion and ransom, and then deposited into personal accounts belonging to trustees of the KKF in the UK.

Times change,

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