Moonis Elahi responds to FIA’s money laundering charges

By: News Desk
Published: 02:49 PM, 25 Jun, 2022
Moonis Elahi responds to FIA’s money laundering charges
Caption: File photo.
Stay tunned with 24 News HD Android App
Get it on Google Play

Moonis Elahi, Pakistan Muslim League-Quaid (PML-Q) leader and son of Punjab Assembly (PA) Speaker Chaudhry Pervaiz Elahi, has told the Federal Investigation Agency (FIA) team that neither he knows Muhammad Nawaz Bhatti nor does he have any information about his bank accounts or shares, reported 24NewsHD TV channel on Saturday.  

In detailed answers that he gave on the FIA’s questionnaire, he said he had no role in the formation of RY Group. “But I do have business relations with Umer Shehryar,” he admitted.     

He told the investigators that brother Rakesh Elahi had gifted him some shares which he sold to purchase 16.2 per cent shares through X Capital Limited.

Moonis went on to add that the documents he had submitted to the Federal Board of Revenue (FBR) contained all his business-related information. 

The FIA is currently investigating money laundering charges of Rs24 billion against the PML-Q leader and others. 

Reporter: Abid Chaudhry