Federal government orders calling for the freezing of Malik Riaz’s accounts and the repatriation of funds to Pakistan, that were kept hidden, have been revealed.
According to a document posted by journalist Talat Hussain on Twitter, the federal cabinet considered a note on Malik Riaz’s account freezing orders and repatriation of funds to Pakistan submitted by the Assets Recovery Unit of the Prime Minister’s Office.
The document also detailed that the cabinet directed the Cabinet Secretary to seal the note and authorised him to de-seal it if required to be presented before a court of law.
The note is related to the money that was sent from abroad. The said note was not shared with the cabinet ministers, with them only being briefed a little on the matter.
https://twitter.com/TalatHussain12/status/1209130956227002370?s=20
In early December, Special Assistant to Prime Minister on Accountability Shahzad Akbar has said that the £190 million settled between the Malik Riaz family and the United Kingdom’s National Crime Agency has been transferred to Pakistan. This was following a probe into the properties of the business tycoon.
Following the settlement, it had been revealed by PM’s assistant on accountability, Shahzad Akbar, that the government of Pakistan had signed a deed of confidentiality on the matter and would not reveal details. The impression given was that the NCA had taken the decision against the business tycoon of its own accord.
According to a document posted by journalist Talat Hussain on Twitter, the federal cabinet considered a note on Malik Riaz’s account freezing orders and repatriation of funds to Pakistan submitted by the Assets Recovery Unit of the Prime Minister’s Office.
The document also detailed that the cabinet directed the Cabinet Secretary to seal the note and authorised him to de-seal it if required to be presented before a court of law.
The note is related to the money that was sent from abroad. The said note was not shared with the cabinet ministers, with them only being briefed a little on the matter.
https://twitter.com/TalatHussain12/status/1209130956227002370?s=20
In early December, Special Assistant to Prime Minister on Accountability Shahzad Akbar has said that the £190 million settled between the Malik Riaz family and the United Kingdom’s National Crime Agency has been transferred to Pakistan. This was following a probe into the properties of the business tycoon.
Following the settlement, it had been revealed by PM’s assistant on accountability, Shahzad Akbar, that the government of Pakistan had signed a deed of confidentiality on the matter and would not reveal details. The impression given was that the NCA had taken the decision against the business tycoon of its own accord.