{"id":77176,"date":"2018-09-05T15:08:51","date_gmt":"2018-09-05T10:08:51","guid":{"rendered":"https:\/\/tns.world\/?p=77176"},"modified":"2018-09-05T15:08:51","modified_gmt":"2018-09-05T10:08:51","slug":"sc-decides-to-constitute-a-jit-to-probe-alleged-money-laundering","status":"publish","type":"post","link":"https:\/\/tns.world\/?p=77176","title":{"rendered":"SC decides to constitute a JIT to probe alleged money laundering"},"content":{"rendered":"<p style=\"line-height: 20.25pt; background: white; vertical-align: baseline; margin: 0in 0in 20.25pt 0in;\">\n<p style=\"line-height: 20.25pt; background: white; vertical-align: baseline; margin: 0in 0in 20.25pt 0in;\"><strong><span style=\"font-size: 13.5pt; font-family: 'Georgia','serif'; color: #212121; letter-spacing: .1pt; font-weight: normal;\">ISLAMABAD, Sept. 5 (TNS):\u00a0<\/span><\/strong>The Supreme Court (SC) on Wednesday decided to constitute a joint investigation team to probe alleged money laundering of at least Rs35 billion through fake accounts.<\/p>\n<p style=\"line-height: 20.25pt; background: white; vertical-align: baseline; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in 20.25pt 0in;\"><span style=\"font-size: 14.5pt; font-family: 'Georgia','serif'; color: #212121; letter-spacing: .1pt;\">Former president Asif Ali Zardari, sister Faryal Talpur, Omni group\u2019s Anwar Majeed and his sons, former Pakistan Stock Exchange chairman Hussain Lawai and Summit Bank Senior Vice-President Taha Raza and others are accused in the case.<\/span><\/p>\n<p style=\"line-height: 20.25pt; background: white; vertical-align: baseline; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in 20.25pt 0in;\"><span style=\"font-size: 14.5pt; font-family: 'Georgia','serif'; color: #212121; letter-spacing: .1pt;\">Resuming the hearing of the suo motu case, the three-member bench led by Chief Justice Saqib Nisar decided to form the JIT on a request from DG Federal Investigation Agency (FIA) Bashir Memon. The new investigation team will comprise representatives from the State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), National Accountability Bureau (NAB), Federal Bureau of Revenue (FBR) and country\u2019s premier intelligence agencies; Inter-Services Intelligence (ISI) and Military Intelligence (MI).<\/span><\/p>\n<p style=\"line-height: 20.25pt; background: white; vertical-align: baseline; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in 20.25pt 0in;\"><span style=\"font-size: 14.5pt; font-family: 'Georgia','serif'; color: #212121; letter-spacing: .1pt;\">The members will be nominated by the apex court and the team will submit a fortnightly progress report to the SC.<\/span><\/p>\n<p style=\"line-height: 20.25pt; background: white; vertical-align: baseline; font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; text-align: start; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; word-spacing: 0px; margin: 0in 0in 20.25pt 0in;\"><span style=\"font-size: 14.5pt; font-family: 'Georgia','serif'; color: #212121; letter-spacing: .1pt;\">The accused are currently being investigated by an FIA-led seven-member JIT, led by FIA Additional Director General Najaf Mirza, for allegedly facilitating 29 \u2018fake\u2019 accounts in Summit Bank, Sindh Bank and United Bank Limited.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, Sept. 5 (TNS):\u00a0The Supreme Court (SC) on Wednesday decided to constitute a joint investigation team to probe alleged money laundering of at least Rs35 billion through fake accounts. Former president Asif Ali Zardari, sister Faryal Talpur, Omni group\u2019s Anwar Majeed and his sons, former Pakistan Stock Exchange chairman Hussain Lawai and Summit Bank Senior [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":72365,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,23],"tags":[],"class_list":["post-77176","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-islamabad","category-national"],"_links":{"self":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/77176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77176"}],"version-history":[{"count":1,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/77176\/revisions"}],"predecessor-version":[{"id":77177,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/posts\/77176\/revisions\/77177"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=\/wp\/v2\/media\/72365"}],"wp:attachment":[{"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tns.world\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}