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Money Laundering: FIA soon to launch operation to nab big fish?

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ISLAMABAD: Following the Supreme Court orders FIA is endeavoring to nab those who had laundered billions out of this country, and bring them back (along with the looted money), with the assistance of Interpol.

Sources privy to NPTV have revealed that FIA has formed a team that will travel to Doha, Dubai, Abu Dhabi, Britain, Singapore, Malaysia, and various other countries to contact their respective governments to figure out how to make arrests.

Chief Justice of Pakistan (CJP) Mian Saqib Nisar, taking  Suo Moto notice, ordered the FIA to investigate about the money smuggled outside the country by a large number of Pakistanis. CJP had also directed FIA to bring back those who had stolen public money.

According to details besides members of PML-N, PPP-P, PNA, Jamiat-e-Ulema, politico-religious parties, doctors, engineers, industrialists, and bureaucrats are also involved in money laundering. Sources have revealed that those who (along with their family members) are involved include (among others): Asif Ali Zardari, Mian Nawaz Sharif, Asfand Yar Wali, Pervez Musharraf, Maulana Fazl-ur-Rehman, Jahangir Tareen, Chaudhry Wajahat, Chaudhry Shuja’at, Chaudhry Pervez Elahi, Dr. Asim, Sanaullah Zehri, Babar Ghauri, Nadir Magsi, Wakeel Jamali, Shoaib Bukhari (l), Kamran Tessori, Agha Farid (Owner of Agha’s Super Market Karachi), Younus Iqbal Memon, Abdul Jabbar Iqbal Memon, Iqbal Memon (Canadawala), Dr. Khalil Shibli, Dr. Shabeena Khalil Shibli and Dr. Ishrat-ul-Ibad.

It has been insinuated that these people have stashed the nation’s money in many foreign countries such as Singapore, Thailand, Dubai, Switzerland, Canada, America, UK, Doha, Qatar, Australia, Bahrain, and Saudi Arabia. They have acquired dual nationalities and utilized smuggled money to support a luxurious lifestyle and construct lavish homes. FIA was ordered by CJP to find exact details about the aforementioned individuals. A team, in collaboration with Interpol, will be attempting to bring them back.

So far it is known that some 300 entrepreneurs have businesses in Dubai. Apart from that, there are businesses in the countries mentioned earlier. It has been informed that FIA, after taking approval from the Interior Minister and PM,  will launch an operation to round-up people on a grand scale. Many FIA offices are scheduled to be opened in Turkey, Greece, Qatar and various other countries. Moreover, there will be a significant increase in the vigilance at Pakistani airports.

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DIK: Two killed in incidents of violence

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D.I.KHAN: Two men and a child were killed in separate incidents of violence at different localities of the district, police confirmed here Tuesday.
In the first incident of target-killing occurred at Ramak Adda tehsil Purwa when unknown attackers opened fire on Muhammad Aslam a manager of the local bus stand. As a result, he died on the spot.
In another incident, a 70-year-old Qudratullah was killed by his rivals in the limits of Cantt. Police station. A third incident occurred at Lakhara, where an airgun went off accidentally by a boy injuring a seven-year-old child. The child succumbed to injuries on the spot. Police has registered the cases and started investigations.

 

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‘World to lose $6 trillion due to cyber-attacks by 2020’

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World to lose $6 trillion due to cyber-attacks by 2020

ANKARA: Companies and households all around the world may incur losses worth $6 trillion due to cyberattacks by 2020, said head of Turkey’s Mobile Service Provider Businessmen’s Association (MOBILSIAD).

The world lost $3 trillion due to cyberattacks in 2015 and these financial losses are predicted to reach $3.5 trillion last year, Prof. Kerem Alkin told state news agency.

He stressed that in 2020, the world’s cyber-security expenses, which are currently around $100 billion, will also reach $1 trillion.

“In 2020, the number of smart devices will reach 200 billion and, people will use 300 billion passwords for everyday life,” he said.

Between 2015 and 2017, an average of one company was exposed to cyberattack for ransom in every 40 seconds, he noted.

It is expected that this rate would reach every 14 seconds this year, he added.

“Illegal organizations turn towards cyberattacks due to high profit and low cost,” he underlined.

Touching on ransomware issue, he said that last year illegal organizations earned $5 billion from ransom attacks across the world.

Ransomware — a kind of malware — locks or limits using computers’ hard drive until paying a ransom to an illegal organization.

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Nawaz Sharif granted bail on medical grounds in Al-Azizia case!

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Nawaz Sharif granted bail on medical grounds in Al-Azizia case

ISLAMABAD: Supreme Court here has granted bail to Nawaz Sharif on medical grounds suspending his sentence in Al-Azizia case or six weeks. 

According to details, a three-judge bench led by CJP granted bail to the deposed prime minister enabling him to seek medical treatment within the country. He will not be allowed to leave the country. 

The bail has been granted against two surety bonds of Rs. 5 million each and as soon as its period is over he will have to surrender himself to jail authorities. Sharif’s advocate had requested for bail for eight weeks.

 

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