Skip to main content

Court rejects Faryal’s plea to unfreeze bank account

ISLAMABAD: An accountability court on Tuesday rejected a petition of Pakistan Peoples Party (PPP) leader Faryal Talpur seeking to unfreeze her personal bank account, but restored two accounts of her daughters.

Accountability Court-II Judge Azam Khan issued the order on Ms Talpur’s petition challenging the freezing of her account in connection with the fake bank accounts case.

The National Accountability Bureau (NAB) had written a letter to the State Bank of Pakistan after her name surfaced in the fake accounts case. The SBP had directed scheduled banks to freeze her accounts. Subsequently, three accounts — one in her name and two in the name of her daughters — were frozen.

Ms Talpur’s counsel Chaudhry Riaz argued before the court that besides her personal account, NAB had also frozen the accounts of her children who were not facing any charges. He argued that the anti-graft watchdog had frozen the accounts of the Zardari Group of Companies in the fake bank accounts case, but failed to prove any connection of his client’s family accounts with the scam.

The allegations were against the Zardari Group, but NAB had frozen the accounts of Ms Talpur and her children, he added. The counsel requested the court to issue an order for restoring the bank accounts of his client and her children.

Judge restores two accounts of her daughters

According to the prosecution, the banks were asked to freeze Ms Talpur’s accounts in the fake bank accounts case involving alleged money laundering of billions of rupees through 29 accounts opened in Summit Bank, Sindh Bank and United Bank Limited.

The Federal Investigation Agency had named former president Asif Ali Zardari, Ms Talpur, Omni Group chairman Anwar Majeed, his sons and over 10 others as suspects in an interim challan filed in a banking court in August 2018.

The case was transferred to Islamabad for trial after a Karachi banking court accepted NAB’s transfer plea filed after the Supreme Court had referred a joint investigation team’s report on the fake accounts case to the bureau with a directive to investigate the matter and file references.

The NAB prosecutor argued that the PPP leader’s plea was non-maintainable and said the accounts were frozen in accordance with the law.

But Ms Talpur’s counsel maintained that the bureau had admitted to freezing the accounts before the inquiry was finalised.

Published in Dawn, April 1st, 2020



from The Dawn News - Home https://ift.tt/2wUoKUN
via IFTTT
Labels:

Comments

Post a Comment

Popular posts from this blog

Trump says he urged team to ‘slow’ COVID-19 testing

US President Donald Trump said Saturday he was encouraging health officials in his administration to slow down coronavirus testing, arguing that increased tests lead to more cases being discovered. The president has claimed falsely on several occasions that surges of COVID-19 in several states can be explained by greater numbers of diagnostic tests. At his first rally since the outbreak forced nationwide shutdowns in March, Trump told the crowd in Tulsa, Oklahoma that testing was a “double-edged sword.” The United States — which has more deaths and cases than any other country — has carried out more than 25 million coronavirus tests, placing it outside the top 20 countries in the world, per capita. “Here is the bad part: When you do testing to that extent, you are going to find more people, you will find more cases,” Trump argued. “So I said to my people ‘slow the testing down.’ They test and they test.” It was not clear from Trump’s tone if he was playing to the crowd, who ...
Post a Comment
Read more

Sir Anwer Pervez, richest Pakistani British businessman, loses £432m in pandemic

Sir Anwar Pervez OBE, the founder and chairman of Bestway Cash & Carry has lost £432 million during the coronavirus pandemic to bring him down to No 50 on the richest British people list. The list has 1,000 people and is published by the Sunday Times newspaper . Pervez was at No 42 previously.  The 2020 list of the UK’s richest shows its first fall in wealth in a decade as Britain’s wealthiest people lost tens of billions of pounds in the coronavirus pandemic, the Sunday Times reported in its Rich List 2020. The newspaper, which has produced the respected annual ranking of the country’s 1,000 wealthiest people since 1989, found the past two months had resulted in the super-rich losing £54 billion ($65 billion). More than half of the billionaires in Britain had seen drops in their worth by as much as £6b, a decrease in their collective wealth unprecedented since 2009 and the financial crisis. The Hinduja brothers, who topped last year’s list with a £22b fortune, saw among ...
Post a Comment
Read more

Despite reservations about jury, Pakistan to implement FATF reforms: envoy

WASHINGTON: Despite its reservations about the fairness of the jury which is to determine Pakistan’s performance against terror financing, the government is committed to implementing its action plan for dealing with this issue, says Islamabad’s Washington envoy Asad Majeed Khan. In a conversation with a prominent US scholar George Perkovich, recorded at the Carnegie Endowment for International Peace in Washington on Monday afternoon, Ambassador Khan said the actions that Pakistan had taken so far to eliminate terror financing were “reflective of the political will”. “We feel that we have done a lot. We are also clear and determined to do more,” said the envoy while responding to a question about a meeting of the Financial Action Task Force (FATF) held in Orlando last week, which asked Pakistan to implement its own action plan for eliminating terror financing by October. Failing to do so could put Pakistan on a blacklist of violators and bring strict economic sanctions too. “But we w...
Post a Comment
Read more