SC orders formation of JIT to probe money laundering case

2018-09-05T22:21:00+05:00 PPI

The Supreme Court on Wednesday ordered the formation of a joint investigation team (JIT) to probe into an ongoing Rs35 billion money laundering case.

“We are forming a JIT and it will submit a report on the matter every 15 days,” Chief Justice of Pakistan (CJP) Justice Mian Saqib Nisar said as he headed a three-judge bench hearing a case pertaining to money laundering of Rs35 billion from fictitious bank accounts.

During the hearing, former president Asif Zardari's counsel, Aitzaz Ahsan, Omni Group chairman Anwar Majeed’s counsel, Shahid Hamid, and Director General Federal Investigation Agency (FIA) Bashir Memon appeared before the court.

Zardari and Majeed's counsels presented their arguments against the formation of a JIT to probe into the case. However, ordering that a JIT be formed, the court said that names of members will be announced later. The court also directed that Rangers provide security to FIA members.

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