ISLAMABAD: The Federal Investigation Agency (FIA) has been directed to produce incumbent presidents/CEOs of three banks before the apex court tomorrow (Thursday).
“The presidents/CEOs of United Bank Ltd, Summit Bank Limited and Sindh Bank Limited (including those in custody of FIA) shall be produced before this court on the next date of hearing,” said the apex court order released on Monday last.
On Sunday last, a three-member bench headed by Justice Mian Saqib Nisar and comprising Justice Ijazul Ahsan and Justice Munib Akhtar, heard a suo motu case regarding slackness in progress of pending inquiries relating to fake bank accounts.
The Supreme Court order also states that the amount of Rs 7 billion which has been deposited by Summit Bank with State Bank of Pakistan as equity shall not be allowed to be withdrawn. This account shall be seized/ frozen till further orders of the court.
The inspector general of police of Sindh is directed to ensure presence of all persons before the apex court on next date of hearing. It also directed to issue notices to chairmen National Accountability Bureau (NAB), Securities and Exchange Commission of Pakistan (SECP) and Federal Board of Revenue (FBR) to appear before the court on the next hearing.
According to apex court’s order, Director General FIA Bashir Ahmed Memon submitted a report indicating details of persons/companies in whose names fake accounts have been opened for the purpose of money laundering, who deposited the huge amounts running into billions of rupees in the said accounts and the beneficiaries of the said accounts.
He submitted that as per the report, the names of persons/companies on whose names fake/fictitious accounts were opened include Tariq Sultan (One International), Erum Aqeel (Ibrahim Linkers), Muhammad Ashraf (Logistic Trading), Muhammad Iqbal Araen (Iqbal Metals), Muhammad Umair (Umair Associates), Adnan Javed (Lucky International) and Qasim Ali (Royal International).
The DG FIA also submitted that the details of persons/companies who deposited the amounts in those accounts are: M/s Bahria Town Karachi project and Zain Malik, M/s Sujwal Agro Farms Pvt Ltd, M/s Tando Allahyar Sugar Mills Pvt Ltd, M/s Omni Pvt Ltd, M/s Agro Farms Thatta Pvt Ltd, M/s Alfa Zulu Co Pvt Ltd, Haji Mureed Akbar (banker on behalf of contractor), M/s Sher Muhammad Mugheri & Co (contractor), M/s Sardar Muhammad Ashraf D Baloch Pvt Ltd (contractor), M/s A-one International (account reported in STR), M/s Lucky International (account reported in STR), M/s Logistic Trading (II Chundrigarh Road) (account reported in STR), M/s Iqbal Metals (account reported in STR), M/s Royal International (account reported in STR) and M/s Umair Associates (account reported in STR).
The DG had informed the bench about the details of beneficiaries who include; Nasser Abdullah Lootah, Chairman Summit Bank, M/s Ansari Sugar Mills Pvt Ltd (Anwar Majeed, Ali Kamal Majeed), M/s Omni Polymer Packages Pvt Ltd (Abdul Ghani Majeed, Ali Kemal Majeed), M/s Pak Ethnol Pvt Ltd (Mustafa Zulqarnain Majeed, Abdul Ghani Majeed), M/s Chamber Sugar Mills Pvt Ltd (Anwar Majeed, Nimr Majeed), M/s Agro Farms Thattha Pvt Ltd (Anwar Majeed, Nazli Majeed), M/s Zardari Group Pvt Ltd (Asif Ali Zardari, Faryal Talpur), M/s Parthenon Pvt Ltd (Iqbal Khan Noori), M/s A-one International (account reported in STR, used for layering), M/s Lucky International (account reported in STR, used for layering), M/s Logistic Trading (account reported in STR, used for layering, M/s Royal International (account reported in STR, used for layering), M/s Umair Associates (account reported in STR, used for layering).
The persons named as accused persons in criminal cases registered against them are: Anwar Majeed, Abdul Ghani Majeed, Aslam Masood, Arif Khan, Noreen Sultan, Kiran Aman, Naseer Abdullah Lootah, Muhammad Iqbal Khan Noori, Muhammad Ashraf son of Abdul Sattar, Muhammad Iqbal Araen, Muhammad Umair son of Muhammad Yaseen, Adnan Jawed son of Jawed Ahmed, Qasim Ali son of Ahmed, and Azam Wazir Khan.
The order says: “That having heard DG FIA and on account of a cursory perusal of the report submitted by FIA as a first step, we direct that all those named in paragraphs 1 to 4 [of the order] be summoned before this court on next date of hearing”.
The bench directed Interior Ministry to immediately put the names of the persons mentioned above on ECL so that they may not leave the country until investigation in the matter is concluded or till further orders of the court.
The apex court said that record of the cases [CP No 2596 of 2018, CP No 2733 of 2018, CP No 2734 of 2018, CP No 3302 of 2018, CP No D-2496 of 2018, CP No D-900 of 2018] pending before Sindh High Court be also requisitioned for perusal.