Key accused in fake accounts case held

Published October 24, 2018
Aslam Masood is believed to have been involved in the opening of fake accounts in various banks in the names of different persons. — Photo/File
Aslam Masood is believed to have been involved in the opening of fake accounts in various banks in the names of different persons. — Photo/File

RAWALPINDI: One of the key suspects in the fake bank accounts case was arrested on Tuesday by Interpol on the request of the Federal Investigation Agency after he arrived in Jeddah from London.

According to sources, the FIA has taken the arrest of Aslam Masood as a breakthrough and started preparing documents related to the case to bring him back to Pakistan.

Aslam Masood, who has already been booked by the FIA’s Karachi branch in the fake accounts case, is believed to have been involved in the opening of fake accounts in various banks in the names of different persons, whose copies of Computerised National Identity Cards had been used without their consent and knowledge.

Aslam Masood is believed to have masterminded the opening of mysterious accounts

The fake accounts were opened in connivance with senior bankers and illegitimate funds (in billions) were deposited in these accounts by the associates of Aslam Masood and then transferred to other accounts for the purpose of money laundering.

The FIA said Aslam Masood was among those nominated in the case. Some senior bankers and employers of Masood have already been arrested but he had been absconding since leaving the country on Jan 9.

The special court of Sindh at Karachi had twice issued non-bailable warrants of Masood and his accomplices namely Muhammad Arif Khan and Muhammad Umair, who had also fled the country.

Masood, the chief financial officer of the Omni Group, was finally arrested by Interpol when he arrived in Jeddah from London.

A senior official of the FIA told Dawn that the agency would constitute a team which would proceed to Saudi Arabia along with Masood’s case file to bring him back to Pakistan to face trial. The FIA has been investigating several people in connection with the fake accounts case, including former president Asif Ali Zardari and his sister Faryal Talpur.

Published in Dawn, October 24th, 2018

Download the new Dawn mobile app here:

Google Play

Opinion

Editorial

Business concerns
Updated 26 Apr, 2024

Business concerns

There is no doubt that these issues are impeding a positive business clime, which is required to boost private investment and economic growth.
Musical chairs
26 Apr, 2024

Musical chairs

THE petitioners are quite helpless. Yet again, they are being expected to wait while the bench supposed to hear...
Global arms race
26 Apr, 2024

Global arms race

THE figure is staggering. According to the annual report of Sweden-based think tank Stockholm International Peace...
Digital growth
Updated 25 Apr, 2024

Digital growth

Democratising digital development will catalyse a rapid, if not immediate, improvement in human development indicators for the underserved segments of the Pakistani citizenry.
Nikah rights
25 Apr, 2024

Nikah rights

THE Supreme Court recently delivered a judgement championing the rights of women within a marriage. The ruling...
Campus crackdowns
25 Apr, 2024

Campus crackdowns

WHILE most Western governments have either been gladly facilitating Israel’s genocidal war in Gaza, or meekly...