Islamabad court hands Bahria Town official 10 years in jail in money laundering case

ISLAMABAD: An additional sessions court on Saturday convicted a retired army officer in a high-profile money laundering case, sentencing him to 10 years in prison and imposing a fine of Rs25 million. Additional Sessions Judge (West) Nasruminallah Baloch found retired Col Khalilur Rehman, the vice chief executive of Bahria Town, guilty of laundering approximately Rs1.6 billion. The case was registered by the Federal Investigation Agency’s (FIA) Anti-Money Laundering Circle last year. The court...

By none@none.com (Malik Asad)