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Corporate fraud, money-laundering: FIA seeks details of Tareen s assets in UK

FIA asks Jahangir, Ali Tareen to appear before investigation team tomorrow

FIA asks Jahangir, Ali Tareen to appear before investigation team tomorrow Pakistan Mon, Apr 12, 2021 The Federal Investigation Agency (FIA) has summoned PTI leader Jahangir Tareen and his son Ali Tareen tomorrow to respond to eight questions, with the relevant documents relating to JDW. A press statement issued by the FIA said that it was investigating the PTI leader on allegations of “criminal breach of trust, financial fraud and money laundering by JDW and its related companies JKFSL & FPML, since August 8 2020”. The FIA said that it wants to see the “complete inventory, with commercial invoices wherever applicable” of the plant, machinery and equipment, any fixed assets, stores, spares and loose tools and intangible assets owned by JKFSL as of November 20, 2013.

Crackdown on sugar mafia: Tareen is not alone, there are many more…

ISLAMABAD: It s not just Jehangir Tareen. There are many more… At least 14 sugar mills have so far been issued a ‘final notice’ by the FIA Lahore alone besides there being a large number of FIRs registered against various different actors of what is now known as the ‘sugar mafia’. Although Tareen is said to be the major player in the sugar business, Shahbaz Sharif’s family is on top of the FIA s hit-list on which only Tareen until recently prominently featured on. In its FIR, the FIA has accused Shahbaz Sharif and his sons of having hidden and laundered Rs. 25 billion from 2008 to 2018 mostly from ‘extraneous sources’ through fake accounts opened and operated in the name of low-wage employees (peons & clerks) of his sugar mill.

Crackdown on sugar mafia: Tareen is not alone, there are many more

Top Story April 9, 2021 ISLAMABAD: It’s not just Jehangir Tareen. There are many more. At least 14 sugar mills have so far been issued a ‘final notice’ by the FIA Lahore alone besides there being a large number of FIRs registered against various different actors of what is now known as the ‘sugar mafia’. Although Tareen is said to be the major player in the sugar business, Shahbaz Sharif’s family is on top of the FIA s hit-list on which only Tareen until recently prominently featured on. In its FIR, the FIA has accused Shahbaz Sharif and his sons of having hidden and laundered Rs. 25 billion from 2008 to 2018 mostly from ‘extraneous sources’ through fake accounts opened and operated in the name of low-wage employees (peons & clerks) of his sugar mill.

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