Advertisement

FIA seizes Moonis Elahi’s bank accounts, assets

  • Web Desk
  • Share

Moonis Elahi

FIA seizes Moonis Elahi’s bank accounts, assets

Advertisement

In compliance with a court order, the Federal Investigation Agency (FIA) has seized both the properties and bank accounts of Moonis Elahi in connection with a money laundering case.

The authorities in Lahore have frozen a total of eight bank accounts belonging to Moonis Elahi, revealing an accumulated sum exceeding Rs 480 million.

Simultaneously, the FIA has seized all of Moonis Elahi’s properties, which include six in Lahore, five in Kasur, and one in Rawalpindi.

This move comes after the Special Central Court in Lahore, on November 17, issued an order to confiscate all assets and bank accounts of Moonis Elahi in relation to the money laundering case.

The special court declared Moonis Elahi a fugitive as he failed to make a court appearance.

Advertisement

This legal development underscores the intensification of efforts to address allegations of money laundering against the former federal minister.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Murtaza Solangi Calls for Comprehensive Ban on TAPS and Stronger Enforcement of Health Warnings
Pakistan, Saudi Arabia discuss enhancing investment and cooperation in health sector
Karachi board announced Intermediate Part I results- Check here
Pakistan agrees to ceasefire on Afghan Taliban request
Nauman Ali breaks Abdul Qadir’s 37-year-old record
Pakistan to launch first Hyperspectral Satellite from China on Oct 19
Next Article
Exit mobile version