ISLAMABAD – Prime Minister’s Special Assistant on Accountability ShahzadAkbar said that the details of money laundering worth Rs700 billion hasbeen traced in 10 countries.
Addressing a press conference along with PM’s Special Assistant on MediaIftikhar Durrani and PTI leader Senator Faisal Javed Khan, Shahzad Akbarsaid The Asset Recovery Unit has traced assets worth Rs700 billion owned byPakistanis in 10 different countries.
He said the aforementioned assets were acquired through money launderingand fake accounts. He said the process to freeze the accounts of bigcrocodiles has been started, adding the cases worth Rs1.3 billion directlylinked. He assured that the references regarding money laundering will befiled soon.
The special assistant said initially only big fish are being targeted. “Theverdict related to the Hill Metal case will be announced within a week,” heinformed.
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“Pakistan has become the third biggest country, whose citizens own realestate in Dubai,” he mentioned.
Shahzad Akbar claimed that the evidences are present beyond iqama (workpermit) relating to the money laundering of billion rupees. He revealedthat more than 500 fake accounts have been traced. He also claimed thatRs5.3 billion dollar were laundered from outside Pakistan within the perionof previous ten years.
