The Banking Court hearing a multi-billion rupee money laundering case on Thursday ordered authorities to declare five accused in the case absconders. 

As the court resumed hearing the case today, it ordered the Federal Investigation Authority (FIA) to place posters of the absconding suspects in public places. 

Furthermore, directives to collect asset details of the absconding suspects were also issued by the Banking Court. 

The case was initially registered in 2015 against former Pakistan Stock Exchange chairman Hussain Lawai, who is widely believed to be close to former president Zardari.

Later, seven individuals, including Zardari and Talpur, were said to have been found involved in using those accounts for suspicious transactions which totaled Rs35 billion. The accounts were allegedly used to channel funds received through kickbacks.

Last month, Lawai and banker Taha Raza were detained and booked for allegedly facilitating the opening of 29 'fake' accounts through which suspicious transactions were made to different companies, including M/s Zardari Group.

Talpur had also obtained an interim pre-arrest bail in the case in the sum of Rs 2 million.

Both the siblings are facing corruption charges relating to fake accounts and fictitious bank transactions worth Rs35 billion. Both Zardari and Talpur face allegations that they had illegally channelled funds through the said accounts in connivance with the chief executive officers of major banks.

In August, the siblings had also appeared before a joint investigation team of the FIA in Islamabad to record their statement in the multi-billion rupee money laundering and fake bank accounts case open against them.