MQM money laundering case: Startling revelations surface

MQM money laundering case: Startling revelations surface

*KARACHI: Federal Investigation Agency (FIA) has detected 69 foreign bank accounts of the Muttahida Qaumi Movement (MQM) leaders, according to its report submitted to an anti-terrorism court.*

The FIA revealed that Rs1,321,509,608 were collected from people through extortion and ransom, and during the years 2013-15, that money was deposited in the bank accounts of Khidmat-e-Khalq Foundation, a charity organisation of the MQM.

The report further disclosed that those funds were then transferred abroad to the bank accounts of MQM UK, Simon and Simons in the UK and other accounts.

The FIA report claimed that Deputy Mayor Arshad Vohra, Khawaja Sohail Mansoor, former senator Babar Ghauri, Khawaja Rehan and former senator Ahmed Ali laundered the KKF funds to the UK.

The government has sought information from the relevant countries in this regard and a lawyer, Barrister Toby Codman, has been appointed by the federal government in the UK.