Panama-style JIT likely in Zardari, Talpur money laundering case: CJP

ISLAMABAD: The Chief Justice of Pakistan on Monday hinted that a new Joint Investigation Team on the pattern of the one formed in the Panama Papers leaks could be formed to probe money laundering allegations against PPP co-chairman Asif Ali Zardari and his sister Faryal Talpur.

He made the comment during the hearing of a suo motu case concerning an investigation into fictitious transactions worth billions conducted through ‘benami’ accounts in several mainstream banks. Zardari and his sister Faryal Talpur are among the 32 accused in the case. Zardari’s close aide Hussain Lawai was arrested in connection with the probe last month.

Over 20 ‘benami’ accounts were opened in 2013, 2014 and 2015 and were reportedly used to make transactions worth billions of rupees. Investigators suspect that the laundered money had been gathered through illegal means like kickbacks, commissions and bribes.

During the hearing on

... read more at: https://dailytimes.com.pk/279452/panama-style-jit-likely-in-zardari-talpur-money-laundering-case-cjp/

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