Federal Minister for Information and Broadcasting – Fawad Chaudhry has praised National Accountability Bureau (NAB) for successfully recovering Rs 33 billion in fake accounts case involving former President Asif Ali Zardari.
Taking to social media, Fawad Chaudhry apprised that NAB has recovered Rs 33 billion in fake accounts case involving Asif Ali Zardari.
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The federal minister accentuated that the actual corruption and money laundering allegations in fake bank accounts case is Rs 5,000 billion.
Taking a jab at PPP’s Sindh government, Fawad Chaudhry noted that ‘such is the extent to which rulers have looted Sindh and Pakistan’.
The Fake accounts case is a case being heard by the Supreme Court of Pakistan (SCP) under which 29 fake accounts registered in Summit Bank, Sindh Bank, and United Bank Limited under people’s names who themselves were not aware of those accounts.
Others being investigated and arrested from inside Supreme Court of Pakistan building after they appeared to defend themselves in a ‘Rs 35 billion fake accounts case’
The case first surfaced in 2015 when the Federal Investigation Agency (FIA), on the basis of a tip-off, had registered the case against former Pakistan Stock Exchange chairman Hussain Lawai, who was widely believed to be close to former president Zardari.
Several bigwigs, including Asif Ali Zardari, his sister Faryal Talpur, Lawai and Omni Group’s Anwar Majeed had been nominated in the case. Besides, Sindh Chief Minister Murad Ali Shah and PPP Chairman Bilawal Bhutto-Zardari were also included in the probe.
In 2018, a JIT was formed to investigate the case. In its report, the JIT Zardari Group, Omni Group amassed assets through misappropriation of loans, government funds, kickbacks and proceeds of crime.
