Imran Khan Booked By Pakistani Federal Investigation Agency Over Fund Misuse: Report


The Federal Investigation Agency (FIA) has reportedly arrested Pakistan Tehreek-e-Insaf (PTI) leaders, including its chairman and former prime minister Imran Khan, in a case involving banned funding. The party’s finance team and a manager of a private bank were also booked in the case, local media said.

According to an article published by dawn.com, the case was filed through the FIA’s Corporate Banking Circle in Islamabad. An initial information report (FIR) in the case said that Arif Masood Naqvi – the owner of Wooton Cricket Limited – “illegitimately” transferred money into an account of United Bank Limited (UBL) registered in the name of Khan’s party.

The complaint named Imran Khan, Sardar Azhar Tariq Khan, Saifullah Khan Nyazee, Syed Yunus Ali Raza, Aamer Mehmood Kiani, Tariq Rahim Sheikh, Tariq Shafi, Faisal Maqbool Shaikh, Hamid Zaman and Manzoor Ahmad Chaudhary as signatories/beneficiaries of the account of the party in question.

“The purpose stated in the quick releases of the transactions is ‘agreed transfer’ to disguise the true nature, origin, location, movement and ownership of these funds,” the indictment reads.

According to the FIR, the party’s leaders had violated the Foreign Exchange Act and were identified as beneficiaries of suspicious bank accounts.

The FIR further said that Naqvi was also facing trials in the United Kingdom and the United States that defrauded investors, a report from the news agency said. PTIA read.

“PTI has filed an affidavit by Arif Masood Naqvi to the Pakistan Election Commission stating that all monies collected from WCL’s accounts have been deposited into PTI’s account in Pakistan. This affidavit has been proven to be false/falsified as two more transactions were made from WCL to two different accounts in Pakistan in May 2013, according to the FIR.

Last month, the Electoral Commission ruled in its ruling in the banned financing case against PTI that the party had indeed received prohibited financing.

A three-member ECP bank led by Chief Election Commissioner Sikander (CEC) Sultan Raja noted that the party “knowingly and intentionally” received funding from Wootton Cricket Limited. The party was a “willing recipient” of banned money of $2,121,500, it said.

(With input from agencies)




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