Court extends interim bail of Asif Zardari, Faryal Talpur in money laundering case

F.P. Report

KARACHI: A banking court has extended interim bail of former president Asif Ali Zardari and his sister Faryal Talpur till February 6 in money laundering case, on Wednesday.

According to details, Asif Ali Zardari and Farryal Talpur appeared before the court and they were present during the hearing of the money laundering scam.

The court adjourned the hearing to February 14.

The Federal Investigation Agency (FIA) is investigating 32 people in relation to money laundering from fictitious accounts, including Zardari and his sister Faryal Talpur.

The money laundering scam was revealed when State Bank of Pakistan sent a report of suspicious transaction to the Federal Investigation Agency in 2015.

The FIA authorities say some bank managers and administration opened fake bank accounts at the behest of Omni Group during 2013 and 2015 for six months.

The bank accounts were allegedly used for money laundering of Rs 35 billion, according to documents available with investigators.

After receiving the State Bank Report, FIA Director Sindh ordered an inquiry which found four accounts being used in suspicious transactions.