KARACHI: A banking court on Monday extended the interim pre-arrest bail of former president Asif Ali Zardari and his sister Faryal Talpur till January 23 in an ongoing case pertaining to alleged money laundering of billions of rupees through fake bank accounts. Several prominent individuals, including Zardari, his sister Faryal Talpur, former Summit Bank president Hussain Lawai and Omni Group’s Anwar Majeed, have been nominated in the case. The JIT report revealed that at least 29 bank accounts identified as fake had been used for money laundering of Rs42 billion. This property again come back to be held by Zardari through Galaxy Construction and is now owned by his present front-man Dr Dinshaw Hoshang Ankleseria. In its first report, the JIT had mentioned a transfer of Rs357 million from 12 fake accounts into the accounts of Ms Parthenon.

Source: Pakistan Today January 07, 2019 05:03 UTC