Saturday, December 4, 2021  | 28 Rabiulakhir, 1443
Samaa TV
Facebook Twitter Youtube
HOME > News

Jahangir Tareen withdraws bail petition in fraud, money laundering cases

Court bars FIA from arresting the disgruntled PTI leader, son

SAMAA | - Posted: Jun 11, 2021 | Last Updated: 6 months ago
Posted: Jun 11, 2021 | Last Updated: 6 months ago


Disgruntled PTI leader Jahangir Tareen and his son Ali Tareen have withdrawn their bail petitions in the corporate fraud and money laundering cases against them.

In March, the Federal Investigation Agency filed two FIRs against PTI’s Jahangir Tareen and accused him of committing fraud amounting to Rs3.14 billion.

The cases, which were registered on March 22, name Tareen’s son-in-law Waleed Akbar Faruki too.

A Lahore sessions court resumed hearing the cases Friday. It ordered the FIA not to take any action against them without the court’s permission.

An FIA official informed the court that they didn’t need to arrest Tareen and his son. The agency was examining the record, he added.

The court barred the FIA from arresting the duo for now. Their interim bail expired today.

Tareen is accused of transferring Rs3.14 billion to a private company Farooqi Pulp Mills Ltd in Gujrat. The company belongs to his son-in-law and relatives, according to the FIA. This amount was later deposited into the accounts of Tareen’s family members.

The money laundering case against him states that Rs2.2 billion from the accounts of JDW (from October 2017 to March 2020) were fraudulently and dishonestly made through Amir Waris, who was working as a cashier at JDW’s Corporate Head Office.

Tareen denies the charges.

Follow SAMAA English on FacebookTwitter, and Instagram.

FaceBook WhatsApp

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp

Jahangir Tareen, Ali Tareen, PTI, FIA, court, fraud, money laundering cases

Pakistan Embassy Serbia’s Twitter ‘hacked from Karachi’
NAB arrests Sindh Assembly speaker Agha Siraj Durrani
PM, COAS condemn Sialkot lynching as Sri Lanka demands probe
Shaukat Tarin loses cool with journalists over inflation
Quetta brothers arrested for filming, blackmailing women
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp