Karachi: Warrants issued against 4 absconders
KARACHI: Additional District and Sessions Judge South and chief of the FIA tribunal Faheem Ahmed Siddiqui has issued non-bailable warrants against four absconders in a forex scam, and directed the Federal Investigation Agency (FIA) to produce them in the court on December 18. Two different interim charge-sheets were presented against the accused in the court for illegally transferring money abroad. Admitting the charge-sheets, the court ordered the FIA to produce suspects who were declared as absconders. The accused, who are in Dubai, include Mohammed Iqbal Kasbati, son of Jan Mohammed, Altaf S Khanani, son of Abdul Sattar Khanani, Atif Aziz Polani, son of Aziz Polani and Javed Qasim.
The investigation officer (IO) of the scam also submitted an interim charge-sheet against three detained dealers involved in a fraud case pertaining to the illegal transfer of money abroad.
The FIA arrested Mohammed Javed Khanani and Abdul Munaf Kalia, directors of the Khanani and Kalia International, on November 7 in Karachi and Lahore while Hanif Kalia, Chairman of the Kalia Group was arrested on November 28 from Clifton.
The suspects were facing charges of transferring millions of dollars abroad illegally via Al–Zarooni Exchange in the UAE with the help of Atif Aziz Polani and Javed Qasim as focal persons to assist all such dealings.
The IO submitted in the court two copies of the charge-sheet, one under the Foreign Exchange Regulation Act 1947, and the other under the Prevention of Electronic Crimes Ordinance, 2007.