ISLAMABAD: Pakistani nationals having illegal properties abroad in Dubailand in hot waters.

The committee tasked with investigating Pakistanis’ foreign assets hasdecided to initiate the probe from the properties made in Dubai.

The committee, headed by Governor State Bank, submitted the Terms ofReference (ToRs) of inquiry to the Supreme Court on Saturday.

The apex court is hearing multiple cases of money laundering and foreignassets made by Pakistanis.

A joint task force, comprising FIA, NAB and FRB officials, will be formedfor the purpose.

The task force will approach the state institutions and departments as wellas foreign governments for investigation.

According to the committee’s report, the FIA possesses significant detailsabout the properties owned by Pakistanis in Dubai and aims to bring thoseassets back home.

The committee will also review the details available with the FBR about theproperties held in the UK and will summon the owners of these properties.

The report said those owning the properties would be asked to produce themoney trail, while those refuse to admit the same will face inquiries.