Karachi: Money laundering scam: 5 sent to jail
KARACHI: Additional district and sessions judge South, Asif Ahmed remanded four people on Wednesday to judicial custody till January 6. They were allegedly involved in a money laundering scam, and were earlier given in police custody for physical remand. On a tip-off by Kalia and Khanani, police arrested Allied Bank Limited Bhadurabad branch Manager Syed MasoodAkber, the service manager of the same bank Syed Wajahat Ali, Habib Bank Limited Hasan Square branch manager Tasneem Ahmed, and My Bank Cloth Market branch manager Arif-ul-Rehman, on December 23. Meanwhile, the same court sent MehboobMotiwala, owner of Al-Sahara Exchange Company, to judicial custody till January 1. Motiwala was also allegedly involved in illegally transferring money abroad.