PTI leader Jahangir Tareen, son Ali Tareen s bail extended till May 19 in Lahore
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The extension has been granted till May 19.
Cases are registered against the father-son duo as part of the Federal Investigation Agency s investigation into Pakistan s sugar crisis.
LAHORE: The bail of PTI leader Jahangir Tareen and his son Ali Tareen in the sugar scandal case has been extended till May 19.
The case against Jahangir and Ali was heard at a banking court in Lahore on Monday.
Jahangir s lawyer said that Abu Bakar Khuda Bakhsh has been made a part of the investigation team. We should be given a chance to be a part of the investigation, he said.
Two separate cases registered against Tareen, son
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April 1, 2021
ISLAMABAD: The Federal Investigation Agency has registered two separate cases against Jahangir Khan Tareen and his son Ali Khan Tareen over the charges of allegedly committing fraud and money laundering worth Rs3.14 billion. The FIA has registered the cases against the father, son duo under the PPC sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code (PPC), read with sections 3/4 of the Anti-Money Laundering Act.
As per the FIR against 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 has surfaced whereby JDW (a Public ltd. Listed Company-CEO Jahangir Khan Tareen) fraudulently transferred Rs3.14 billion to an associated private company, Farooqi Pulp Mills Ltd. Gujrat (FPML), owned by his son and close relatives.