Rs3bn transactions found in rickshaw driver’s account

Published October 14, 2018
This file photo shows a rickshaw.
This file photo shows a rickshaw.

KARACHI: A rickshaw driver in a poor locality of the city was caught off guard when he discovered transactions of three billion rupees had been made in his name from a private bank account, it emerged on Saturday.

A resident of Korangi, Muhammad Rasheed, came to know about the colossal transaction from his bank account when the Supreme Court-mandated Joint Investigation Team (JIT) — set up to probe into money laundering cases — summoned him and recorded his statement.

“I was asked to visit the FIA [Federal Investigation Agency] office where officials showed me the record of my bank account,” he told a private news channel.

FIA team has been investigating money laundering cases since September

“They said that transactions of some three billion rupees were made through my bank account. I shared all the facts with the investigators and told them that I opened a bank account only once in my life when I was hired by a private company in 2004. It was a salary account and I worked for the company for merely 15 days. I quit to start my own work. Other than this, I am unaware of any other detail.”

When queried about his former employer, he said he was unable to recall its name and only remembered that its office was situated somewhere near Tariq Road.

Rasheed was confident that he had managed to convince FIA officials about his innocence.

“My family and I live in a rented place. I work hard to make both ends meet. I can’t even imagine such a huge amount. I suspect my salary account was being used for all those transactions,” he said.

Since September, the JIT has been probing money laundering cases revealing several suspicious accounts during the inquiry. One of which was a private bank account of a food vendor in Orangi that was found to have more than two billion rupees.

Published in Dawn, October 14th, 2018

Opinion

Editorial

Updated 20 May, 2022

TTP peace talks

ANOTHER attempt to sue for peace with the outlawed TTP is being made, again facilitated by the Afghan Taliban that...
20 May, 2022

Beyond the law

THE senior judiciary should take care not to overreach in its zeal to ‘fix’ issues it ideally need not worry...
20 May, 2022

Political musical chairs

YET another political crisis is brewing in Balochistan, where old rivals Jam Kamal Khan Alyani and Sardar Yar...
Updated 19 May, 2022

To be or not to be

The same decision taken weeks or months from now will have far more devastating consequences.
19 May, 2022

Impact on Punjab

THE Supreme Court judgement interpreting the issue of disqualification of parliamentarians under Article 63A of the...
19 May, 2022

Forest fires

THOUGH spot and forest fires have become a perennial phenomenon especially in peak summer, the recent blazes —...