The Federal Investigation Agency (FIA) has found another suspicious transaction in an unwary citizen’s bank account, worth Rs. 170 million.
We’ve seen a similar case before when a ‘faluda’ vendor discovered Rs. 2.5 billion in his bank account, which according to the FIA, was transferred in a money laundering attempt.
This time, a middle-class student residing in Jhang was summoned by the FIA. To his surprise, he had Rs. 173 million stored in his account, which he was completely unaware of until the authorities got hold of him, according to reports from local media.
FIA is on a roll to stop money launderers in Pakistan and has been closely monitoring bank accounts. In doing so, it managed to find some strange bank accounts and summoned their owners with valid documents. The bank account, owned by student M. Asad Ali from Satellite Town, Jhang, was caught on the authorities’ radar after it was used for a large transaction.
An Unfortunate Set of Events
Asad was ordered to appear at FIA’s cybercrime building in Karachi on October 2 with all valid documents including his CNIC and relevant bank statements. He talked to reporters afterward, saying that he had nothing to do with the money, and did not even know about it until the FIA summoned him, much like the ‘faluda’ vendor case.
Reportedly, Asad lives in a five-marla house, belonging to a middle-class family. Even if he wasn’t involved with that transaction, or any money laundering scheme, this raises security concerns for Asad, and his family.
The ‘faluda’ vendor, who had billions of Rupees in his account, now faces severe stress and security issues, as policemen are present outside his house to guard him. The authorities believe ‘some people’ may want to hurt him.
It’s highly likely that the FIA will also appoint a security detail for Asad as his case is also similar.