Top Story
May 20, 2021
LAHORE: Banking and sessions’ court Wednesday extended interim bail of Jahangir Khan Tareen and his son Ali Khan Tareen till May 31 in cases of alleged corporate fraud, fake accounts and money-laundering, filed by the FIA against the Tareens. Tareens attended court proceedings accompanied by provincial minister Nauman Langrial, adviser Faisal Jabwana, MNAs Raja Riaz, Sami Gilani, Kh Shiraz and Mubeen Alam along with MPAs Zawar Warraich, Asif Majeed, Nazeer Baloch, Ghulam Rasul Sanga, Khurram Leghari, Sh Naeem, Muhammad Ameen and Aslam Bharwana.
According to the FIR against the Tareen family, the FIA stated that during the course of inquiry, a fraudulent and premeditated scheme of misappropriation of public shareholders’ money by Jahangir Khan Tareen surfaced, whereby the JDW (a public limited listed company-CEO Jahangir Tareen) fraudulently transferred Rs3.14 billion to an associated private company, Farooqi Pulp Mills Ltd Gujrat (FPML), owned by his so
Tareen wrongly accused of using fake accounts, FIA informs court dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.