Jahangir Tareen withdraws bail petition in fraud, money laundering cases

1 week ago 15

Disgruntled PTI person Jahangir Tareen and his lad Ali Tareen person withdrawn their bail petitions successful the firm fraud and wealth laundering cases against them.

In March, the Federal Investigation Agency filed 2 FIRs against PTI’s Jahangir Tareen and accused him of committing fraud amounting to Rs3.14 billion.

The cases, which were registered connected March 22, sanction Tareen’s son-in-law Waleed Akbar Faruki too.

A Lahore sessions tribunal resumed proceeding the cases Friday. It ordered the FIA not to instrumentality immoderate enactment against them without the court’s permission.

An FIA authoritative informed the tribunal that they didn’t request to arrest Tareen and his son. The bureau was examining the record, helium added.

The tribunal barred the FIA from arresting the duo for now. Their interim bail expired today.

In the fraud case, Tareen is accused of transferring Rs3.14 cardinal to a backstage institution Farooqi Pulp Mills Ltd successful Gujrat. It claimed that the institution belongs to his son-in-law and relatives. This amount was aboriginal deposited into the accounts of Tareen’s household members.

The money laundering charge against him states that Rs2.2 cardinal from accounts of JDW (from October 2017 to March 2020) were fraudulently and dishonestly made done Amir Waris, who was moving arsenic a cashier at JDW’s Corporate Head Office.

Tareen denies the allegations.

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