LAHORE: The Federal Investigation Agency (FIA) Lahore has lodged an FIR against estranged Pakistan Tehreek e Insaf (PTI) leader Jahangir Tareen and his son Ali Tareen over their alleged involvement in money laundering and monetary fraud worth Rs3.25 billion.
Other family members of Jahangir Tareen are also nominated in the money embezzlement case, local media reported. Commenting on the case, Tareen said that the filing of the case was unfortunate.
“FIA’s latest claims against me and my family are totally fabricated. I have already submitted a detailed reply along with concrete evidence in response to FIA notice. (It is) Unfortunate to see them go on another smear campaign against me and my family without establishing anything illegal,” he said.
The FIA claimed that Jahangir Tareen transferred Rs3.25 billion from his son-in-law’s factory, which was shut down, to his bank account and then he transferred the money into his family members’ accounts. The transactions tool place during 2015, 2016 and 2019. The said factory was shown to be in loss and despite that such a huge money was transferred into JDW.