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April 29 , 2022

 

NAB Orders Inquiry against Farah Khan on Allegations of Amassing Illegal Assets, Money Laundering

Islamabad: The National Accountability Bureau (NAB) on Thursday authorized an inquiry against Farah Khan, a close friend of former prime minister Imran Khan's wife Bushra Bibi, on allegations of accumulating "illegal assets beyond known sources of income, money laundering, and maintaining various accounts in the name of businesses".

The corruption watchdog has directed NAB DG Lahore to initiate an inquiry against her as per law.

According to a press release issued by NAB today, a copy of which is available with  Dawn.com , "huge turnover amounting to Rs847 million was found in her [bank] account during the last three years" which is not commensurate with her stated account profile.

"These credits were received in her personal account and withdrawn immediately after credit within a short time period," the press release stated, noting that several "adverse" media reports had been found where Farah — referred to in the statement as Farhat Shahzadi (Alias Farah Khan) — was alleged of "being involved in [acquiring] assets beyond legal means".

NAB also said that in a review of Farah's income tax returns, it was observed that her assets "significantly increased" from 2018 onwards "for unknown reasons".

"Moreover, she has been frequently travelling to foreign jurisdictions; nine times to the USA and six times to the UAE," it added.

Last month, at a  gathering  of the opposition alliance, PML-N Vice President Maryam Nawaz had first alleged that a friend of the PTI chairman's wife received a huge sum of money for getting officers transferred and posted according to their choice.

“I dare to name Farah, a friend of Bushra Bibi who is involved in receiving millions of rupees in transfers and postings and these are directly connected to Banigala (residence of Imran Khan),” Maryam had said.

“The mother of all scandals of transfers and postings amounting to Rs6 billion is related to Banigala. In the coming days, startling evidence will surface. Imran Khan has fears that once he is out of power his 'thefts' will be exposed,” she had claimed.

Subsequently, amid the allegations,  Dawn   reported  that Farah had left for Dubai on April 5. Her husband had reportedly left the country already. – Dawn

Courtesy https://www.dawn.com

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