ISLAMABAD – The joint investigation team (JIT) has made startlingrevelations in the largest money laundering case in the history of Pakistan.
JIT has revealed that the money laundering had been done more than Rs100billion through fake bank account.
The JIT submitted its second report on the case to the top court earliertoday, in which it revealed that what started as fictitious bank accountsevolved into an extremely complicated scam of money laundering crossingRs100 billion.
During the hearing, JIT head Ihsan Sadiq revealed that Rs47 billiontransactions have been done through fake bank accounts and Rs54 billionwere transferred through the fictitious accounts of 36 companies. He saidthat this is a big fraud in the probe till now.
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In the report, the JIT head stated that the Sindh government is notcooperating properly in the probe and said millions of rupees were dumpedin bank accounts of unsuspecting individuals and even those who have beendead for two years, through complex mechanisms.
