Court Issues Notices To Moonis, Others In Money Laundering Case
Sumaira FH Published September 30, 2022 | 09:35 PM
A banking court on Friday issued notices to Pakistan Muslim League-Quaid leader Moonis Elahi and others for October 11 in a money laundering case after filing of the challan by Federal Investigation Agency (FIA) in the matter
LAHORE, (UrduPoint / Pakistan Point News - 30th Sep, 2022 ) :A banking court on Friday issued notices to Pakistan Muslim League-Quaid leader Moonis Elahi and others for October 11 in a money laundering case after filing of the challan by Federal Investigation Agency (FIA) in the matter.
Special Court (Offence in banks) Judge Aslam Gondal issued the notices while proceeding with trial of the case.
The FIA filed the challan of the case in the banking court, one day ago. In a 33-page challan, the FIA had nominated Moonis Elahi, Nawaz Bhatti, Mazhar and Wajid Bhatti as accused.
The challan submitted that Naib Qasid Nawaz Bhatti was a close relative of Principal Secretary to Chief Minister Punjab Muhammad Khan Bhatti and Rs 24 billion turn over was witnessed in his 32 accounts.
It also submitted a record of transactions worth millions of rupees in the account of Qaisar Iqbal, who was working as a peon in Punjab Assembly.
Besides submitting the record of 9 benamidars of Moonis Elahi and alleged 42 benami accounts, the challan submits that Nawaz Bhatti and Mazhar were facilitators of Moonis Elahi and the monetary fraud was committed on their names.
The challan submitted that 61 per cent shares of Rahim Yar Khan Sugar Mills were on the Names of two poor persons which could not afford to invest Rs 500 million in the sugar mills. Nawaz Bhatti and Mazhar had denied of having any shares in the sugar mills, which showed that Moonis Elahi had used their names, it added.
The FIA had registered a case against Moonis Elahi, and others under Sections 109, 420, 468, 471, 34 of PPC read with 5(2) of Prevention of Corruption Act 1947 and 3/4 of the Anti-Money Laundering Act 2010 in connection with the affairs of the RYK/Alliance Sugar Mills Group.
It is pertinent to mention here that Moonis Elahi had obtained bail from the court in the matter.
Related Topics
Recent Stories
HEC reviews curricula for environmental sciences degree programme
ICC Asia looking forward to an action-packed Asia Cricket Week
Yuvraj Singh named ICC Men’s T20 World Cup 2024 Ambassador
Greece hands Olympic flame to 2024 Paris Games hosts
Two Kyiv hospitals evacuating over feared Russian strikes
World must act on neurotech revolution, say experts
Charles & Catherine's cancer diagnoses
Champions Alcaraz and Sabalenka through in Madrid Open
King Charles to resume some public duties during cancer treatment: palace
US defense chief announces $6 bn in security aid for Ukraine
Heavy rains cause damage to Spezand-Taftan railway track
Woman stabbed in Israel, attacker killed: police
More Stories From Pakistan
-
Saudi ministry warns against fraudulent Hajj schemes; urges vigilance, official channels for booking
4 hours ago -
SC to take up 9 identical petitions regarding judges' letter
5 hours ago -
Woman committed suicide in Pindigheb
5 hours ago -
Teenage girl abducted in Hassanabdal
5 hours ago -
NTDC Super 8 Inter-Departmental Tape Ball Cricket Tournament concludes: GM (HR) team clinches the w ..
5 hours ago -
AJK President calls for overseas Kashmiris' proactive role to expose the Modi government's nefarious ..
5 hours ago
-
AJK-wide campaign begins to vanish black-tinted glasses to all sorts of vehicles
5 hours ago -
Islamabad to be digitalized as pilot project under national digitalization plan: IT Minister
5 hours ago -
HEC reviews curricula for environmental sciences degree programme
6 hours ago -
Heavy rains cause damage to Spezand-Taftan railway track
6 hours ago -
Documentary on life of Jamiluddin Aali screened at embassy
6 hours ago -
"Sindh Theater Festival 2024" commences in Larkana
6 hours ago