ISLAMABAD: The Federal Investigation Agency (FIA) has sought the allocation of a supplementary grant of Rs29 million for hiring professional help to conclude the investigation of the Rs35 billion money laundering scandal, Pakistan Today has learned. According to documents available with Pakistan Today, FIA has decided to hire the services of a legal firm named SM Masud & Associates, Advocates & legal Consultants Lahore for help in legal matters pertaining to the investigation of the money laundering through fake bank accounts scam. For this purpose, FIA has written to the interior ministry for the allocation of an additional Rs29 million, stating that the lack of funds is hindering the progress of the investigation. FIA also made it clear to the interior ministry that professional help is needed to examine thousands of bank accounts and tax and audit record. Rs20 million are needed for the JIT while Rs9 million are needed for legal matters, FIA told the interior ministry.

Source: Pakistan Today September 28, 2018 17:26 UTC