In the £190 million corruption scandal, assets and bank accounts have been frozen

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Staff Reporter

3 years ago

ISLAMABAD: In a significant development, the Accountability Court of Islamabad has placed a freeze order on the assets and bank accounts of several individuals involved in a high-profile 190 million pound corruption case. The accused, including Shahzad Akbar, Farah Gogi, and Zulfi Bukhari, now face legal restrictions on their financial assets.

Judge Muhammad Basheer of the Accountability Court issued the freeze order, which targeted not only Shahzad Akbar, Farah Gogi, and Zulfi Bukhari, but also other prominent figures such as Malik Riaz, Ali Riaz, and lawyer Zia-ul-Mustafa Naseem. The move is part of the court’s efforts to combat corruption on a large scale.

The Accountability Court has taken a stringent stance, issuing permanent arrest warrants for the accused. Furthermore, instructions have been issued to seize vehicles registered in the accused’s names, with Excise and Taxation officers tasked with carrying out the seizures as soon as possible.

The court’s jurisdiction extends beyond movable assets; it has directed revenue officers across the country to seize the accused’s immovable properties. Simultaneously, commercial banks have been directed to freeze the implicated individuals’ accounts, preventing any transactions or capital withdrawals.

Staff Reporter