ISLAMABAD: The Anti-Corruption Establishment (ACE) and the Federal Investigation Agency (FIA) have initiated investigations against three prominent businessmen—Sabir Mittho, Chaudhry Ashraf, and Hamid Mushtaq—for allegedly amassing illegal assets.
Mittho is a relative (Samdhi) of former army chief General (retd) Qamar Javed Bajwa. Mittho was also summoned by the FIA last year.
In October 2023, the FIA disclosed 14 national and five foreign bank accounts linked to Mittho. They sought an explanation for transactions amounting to Rs 5.34 billion from his accounts.
However, the case was closed without further inquiry, and he was issued a clearance certificate.
The ACE has summoned all three individuals to appear on June 26 (Wednesday). Meanwhile, the FIA has issued separate notices for Ashraf and Mittho to appear on June 27, and for Mushtaq on June 28.
The anti-corruption agencies have instructed the three businessmen to provide detailed reports of their income sources and assets. This action is part of an ongoing crackdown on financial irregularities and corruption within the business community.
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.
