Islamabad: Director General Federal Investigation Agency (FIA) Waseem Ahmed on Saturday claimed that ‘large sum of money’ was used for exoneration in the Khanani and Kalia money laundering case.
DG FIA told Senate Standing Committee on Interior that the exoneration of suspects in the Khanani and Kalia case was questionable.
On Friday, a special banking court exonerated four foreign exchange dealers and as many officials of different banks from all charges of falsification of bank accounts for the purpose of money laundering.
The four forex dealers — Abdul Munaf Kalia, his brother Hanif Kalia, Javed Khanani and Atif Polani — were accused of opening bogus bank accounts with the help of Masood Abbas, Syed Wajahat Ali, Tasleem Ahmed and Arif-ur-Rehman of Allied Bank, Habib Bank and My Bank, respectively, and allegedly using them for unlawful transfer of billions of dollars abroad.
Judge Mir Mohammad Sheikh of the Special Banking Court pronounced his verdict after recording the evidence of witnesses and final arguments from both sides.
The court ruled that the prosecution failed to place sufficient evidence in court in order to prove its case against the accused persons beyond a shadow of a doubt.
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