ISLAMABAD: The Federal Investigation Agency (FIA) has summoned senior politician Jahangir Tareen and his son, Ali Tareen, in connection with the inquiry into money laundering financial fraud against sugar mills, ARY News on Thursday.
Jahangir Tareen and his son Ali Tareen have been asked to appear before investigators at FIA Lahore office for a joint inquiry into allegations of money laundering and financial fraud through sugar mills, relevant entities and individuals.
Ali Tareen has been summoned on September 18 (tomorrow), whereas, Jahangir Tareen was asked to appear on September 19.
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The call-up notice stated that a combined investigation team of FIA and Securities Exchange Commission of Pakistan (SECP) will conduct a criminal inquiry of money laundering and financial fraud against various sugar mills.
Jahangir Tareen will be questioned for purchase of private assets (JKFSL) by a listed public limited company (JDW), Rs3.15 billion investment in a private but related company (Faruki Pulp Mills Limited by JDW and Rs2.2 billion cash withdrawal and others.
In August, the Federal Investigation Agency (FIA) had launched an investigation into money laundering charges against Pakistan Tehreek-i-Insaf (PTI) senior leader Jahangir Tareen’s JWD Group.
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The agency’s combined investigation team (CIT) had written letters to the deputy commissioners of Multan, Lahore, Karachi, Islamabad, and Rahim Yar Khan seeking details of properties and bank accounts owned by the PTI leader, his son Ali Tareen and others associated with the firm. It has also written to the Lahore Development Authority, and the Capital Development Authority (CDA) to submit relevant details.
One of the deputy commissioners had said the details of assets of 22 people, including Jahangir and members of his family, were sought. The FIA probe team had also summoned the record of properties of the PTI leader’s son Ali Tareen. The Security Exchange Companies of Pakistan (SECP) had been asked to provide details of all companies registered in the name of Jahangir Tareen.
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