Islamabad (October 10, 2018): The Federal Investigation Agency (FIA) told a Senate panel on Tuesday that it has extended the scope of investigation into a case of fictitious bank accounts that were apparently used for laundering billions.
The FIA was briefing the Senate’s Functional Committee on the scandal. The panel expressed grave concern over it and asked the agency to share internal details of people involved in an in-camera session. The panel also showed dissatisfaction over the FIA performance, declaring it lethargic and reactive.FIA’s Aijaz Jakhrani said officials of a bank created accounts in the name of some citizens without their knowledge but in connivance with those who wanted those accounts.
“Hence the account becomes baynaami (nameless) and after keeping the money in that account for a while the money was laundered outside the country,” he said.
Upon insistence of chairperson Usman Khan Kakar, Jakhrani said bank managers, senior staff members including top officials of banks were in the FIA custody in connection with its ongoing probe into these fictitious accounts and transfer of millions of rupees.Jakhrani also said the arrested bankers shared that they received orders from the top to create such accounts and transfer cash.
Ministry of Interior Additional Secretary Siddique Sheikh said a Joint Investigation Team (JIT) is already looking into the case on the directives of the apex court.Chuckling, the chairperson said he hoped the JIT did not work the way it did in the Panama Papers scandal inquiry.
The FIA is probing many bank accounts thought to be opened for money laundering of billions of rupees of black money.
Earlier on October 09, another mysterious bank deposit had made an unsuspecting man from Hyderabad an overnight millionaire.
Pardeep Kumar, a driver by profession, was stunned to find Rs49,954,432 listed on his ATM slip when he withdrew his salary on October 8. Just last month, he had Rs18,000 in his bank account, the driver told the journalists.
Kumar immediately notified the bank authorities, who have launched an investigation into the incident. A series of mysterious deposits such as this have surfaced in recent days, as the Federal Investigation Agency (FIA) continues its probe in a high-profile money laundering case involving fictitious ‘benami’ bank accounts.Earlier on October 01, Federal Investigation Agency (FIA) had traced the operator behind street vendor Abdul Qadir’s fake bank account.
FIA had learned that a person identified as Shabir Bobmat—a property dealer by occupation—was clandestinely and illicitly operating the fake account of vendor. In the past 11 months only, Rs110.80 mln were credited in the account. Several other persons were also accomplices in the crime.FIA had also received clues that account was being used to laundered money to a person residing in Dubai. Further investigation into the matter is still underway.