Lahore: The Federal Investigation Agency (FIA) on Wednesday registered two cases against Pakistan Tehreek-i-Insaf leader (PTI) leader Jahangir Tareen and his son over Rs. 3 billion financial embezzlement and their involvement in sugar scandal.
According to the FIA, Former Secretary Agriculture Rana Naseem was the patron of the sugar mill mafia scandal, for which his name is also included in the registered case.
The second case includes the names of Jahangir Tareen, his son Ali Tareen and two daughters.
FIA has detected that Jahangir Tareen transferred Rs 3 billion from his son-in-law's unfunctional paper factory, JDW which was later transferred to the accounts of Tareen family.
The PTI leader’s factory has 26% public shareholders.
According to sources, the FIA will record their statements in person before reaching a decision based on evidence whether to arrest them or not.
Earlier the FIA lodged a case over sugar scam under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code and r/w 3/4 of Anti Money Laundering Act.
President Asif Ali Zardari embarks on China visit
- 4 hours ago
Gold prices surge again today after a day dip
- an hour ago
Microsoft, OpenAI reach non-binding deal to allow OpenAI to restructure
- an hour ago
ISSI signs MoU with China's leading think-tank SIIS
- 4 hours ago
New European Union ambassador to Pakistan assumes position
- 40 minutes ago
Cloudy weather again in areas of Karachi today
- an hour ago
China agrees for training, scholarships for Pakistani engineers
- 11 minutes ago
Famous Indian actress jumps off moving train
- 3 hours ago
7 development projects worth Rs236bn approved
- 3 hours ago
EchoStar offloads satellite spectrum to SpaceX for $17 billion
- 2 hours ago
Pakistan calls Israeli attack on Qatar ‘violation’ of int’l law
- 18 minutes ago
MDCAT schedule to change in view of flood situation
- 3 hours ago
