Zardari, Talpur to get indicted in Money Laundering Case on Sep 9

Islamabad Accountability Court will indict former president Asif Ali Zardari and his sister Faryal Talpur in mega-money laundering reference on September 9.

According to the details, accountability court Judge Azam conducted a hearing on mega money laundering case and decided to indict Asif Zardari, Faryal Talpur, others on September 9.

The AC accepted the exemption pleas of Asif Zardari, his sister Faryal Talpur in the money laundering case and adjourned the hearing till September 9.

Charge sheets were issued on August 15 against the former president of Pakistan Asif Ali Zardari and the other 13 accused in the fake accounts case.

The accountability court issued a 17-page charge sheet of Park Lane Company reference.

The charge sheet stated that Asif Zardari, through Younis Qadwai and Iqbal Memon, set up a fake company. Asif Zardari speculated loan from National Bank through fraud.

The charge sheet said Asif Ali Zardari transferred money from a fake company to his company’s account.

Money Laundering Case

Zardari, his sister, and other accused are facing charges of laundering more than Rs 35 billion through fake bank accounts. Zardari’s close aides Hussain Lawai and Anwar Majeed have also been nominated in the scam.

Hussain Lawai, who is said to be a close aide of former president Asif Ali Zardari, facing inquiry in an Rs35 billion money laundering case, was arrested by the Federal Investigation Agency (FIA) on July 6 in 2018.

FIA officials say, 32 people, including Lawai, are being investigated for laundering billions of rupees through fictitious bank accounts.

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