By Ali Imran Abbasi
LAHORE:The Federal Investigation Agency (FIA) Anti-Money Laundering Circle, Lahore, achieved a major success as three accused were convicted in two separate money laundering cases.According to an FIA spokesperson, Additional Sessions Judge Lahore Sajida Nawaz announced the verdict after completing the hearing of the cases.In case No. 53/2021, the court sentenced Abdul Rauf and Abdul Samad to one year imprisonment and imposed a fine of Rs 50,000 each. Similarly, in case No. 86/2021, Abdul Samad was awarded one year imprisonment and a fine of Rs 50,000. The court also ordered the forfeiture of the convicts’ bank accounts to the state.The FIA spokesperson said the convictions were the result of effective investigation and strong legal follow-up by the FIA Lahore Zone’s team. The investigation was supervised by Deputy Director Malik Shiraz Ahmed, while Assistant Director Legal Barrister Rana Uzair Amjad presented arguments in court.The spokesperson added that the achievement marks a significant milestone in the ongoing national strategy against financial crimes and money laundering.
