The Federal Board of Revenue (FBR) on Tuesday arrested the main accused Mirza Ayaz Ali Baig in the Rs9 billion money laundering case.
According to details, FBR Internal Audit team arrested Mirza Ayaz Ali Baig, the main accused in the money laundering case of nine billion rupees.
Sources say that the arrested accused had created a fake company named Quality International for money laundering, and several accounts of the private bank of DHA Phase Seven were being used by the accused for money laundering.
According to FBR sources, records of transactions worth billions of rupees in private bank accounts have also been obtained, and a list of money laundering has also been recovered from the possession of the accused.—INP
