Tag: money laundering
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Dubai Loaded: names of politicians, army officials with property, money in Dubai leaked
Thousands of Pakistani citizens including more than a dozen retired military officials and their families own properties in upscale Dubai areas, according to data revealed by the Organised Crime and Corruption Reporting Project (OCCRP) Dubai Unlocked project. The leaked data provides a detailed overview of hundreds of thousands of properties in Dubai and information about…
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Pakistan Customs officials foil attempt to smuggle PKR 1.5 crore in gold and cash
Customs officials made a significant seizure of gold and cash at Jinnah International Airport in Karachi on Tuesday.
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The fallen kings of crypto
Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period chaotic even by the standards of the notoriously volatile industry. Zhao stepped down as CEO of Binance — the largest crypto exchange in the world — after he and the company pleaded guilty on Tuesday to sweeping US…
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Senators propose discontinuation of Rs5,000 currency note to fight corruption
Pakistan Tehreek-e-Insaf (PTI) senators are advocating for the discontinuation of the Rs5,000 currency note as a strategic move to combat corruption and inflation.
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What is the ‘Farah Gogi fiasco’?
The disclosed assets of Farhat Shahzadi, also known as Farah Gogi, alleged to be the front person of former Prime Minister Imran Khan, surged by an astonishing Rs4.52 billion between 2017 and 2020, a report by Express News has stated. The revelations, made public on Thursday, suggest widespread corruption involving Shahzadi, a close associate of Imran Khan and his wife, former First Lady Bushra…
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Largest money laundering scandal: FBR exposes Rs47 billion trade-based fraud
The Federal Board of Revenue (FBR) in Pakistan has uncovered a massive case of money laundering and under-invoicing in the trade industry, making it one of the country’s biggest financial scandals.
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Karachi currency mafia suspected of hiding over $50 million in homes
Amidst the ongoing nationwide efforts to combat currency smuggling, primarily involving US dollars, reliable sources have disclosed that over $50 million has been discreetly stored away by a network associated with illicit currency dealings in homes scattered across Karachi.
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Hareem Shah says she’s looking for Shehzad Akbar in London
Hareem Shah has said in a video that she came to London to seek answers from former accountability chief government, Shehzad Akbar, about why he tried to ruin her life and why he asked Britain’s National Crime Agency (NCA) during the tenure of the Pakistan Tehreek-e-Insaf led government to arrest her in a money-laundering case.…
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FIA registers Rs849m money-laundering case against Farah Gogi
The Federal Investigation Agency (FIA) has registered a money-laundering case worth Rs849 million against Farhat Shehzadi aka Farah Gogi, a close aide and friend of former First Lady, Bushra Bibi, Geo News has reported. The money-laundering and kickbacks case was sent to FIA by the Anti-Corruption Establishment (ACE). The first information report (FIR) says that…
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Bollywood’s Rakul Preet Singh summoned by ED in drugs-money laundering case
Indian actor Rakul Preet Singh has been summoned by Enforcement Directorate (ED) over involvement in the 2017 Tollywood drug and money laundering case. ED has summoned the Aiyaary star Rakul in connection with a high-end drugs racket. Several celebrities have been questioned in the alleged racket of supplying high-end narcotics such as LSD and MDMA. Rakul…