More than 4,000 Pakistanis have bank accounts, assets in UAE, FIA informs Apex Court
ISLAMABAD: Director General Federal Investigation Agency (FIA) Bashir Memon has said that more than 4,221 Pakistanis have foreign bank accounts and assets in the United Arab Emirates (UAE). This he said while informing the Supreme Court on Wednesday.
CJP Mian Saqib Nisar was heading a two member bench on Wednesday and it was hearing a suo motu case regarding foreign bank accounts and assets of Pakistani citizens.
During hearing, top judge remarked that FIA should inform us how many Pakistanis have assets and accounts in the UAE.
Memon continued, “Some took the money abroad through lawful means but there are also people who looted tax money and transferred it abroad.”
He added that the money was taken to the United States, Canada and Europe.
“A plan of action needs to be made to bring back this money,” Memon said adding that they do not have the authority for mutual legal assistance.
Justice Nisar in response remarked, “We will need to come up with a way to remove legal hurdles.”
The bench then summoned senior lawyer and legal expert Ahmer Bilal Soofi to assist the court.
The hearing of the case has been adjourned till August 1.