Suspicious Transactions
LAHORE: The Anti-Money Laundering Circle (AMLC) of the Federal Investigation Agency (FIA) has summoned Muhammad Sabir Hameed, known as Mitthu, a close relative of former army chief Gen (retd) Qamar Javed Bajwa, in connection with an investigation into high-volume suspicious transactions.
According to a letter, the AMLC has called Mitthu to appear before the FIA on October 23, 2023, under Section 160, 1898 CrPC for Enquiry No 226/2023 of FIA AML Circle.
The summon is pursuant to an ongoing criminal investigation in the agency concerning allegations of high-volume suspicious transactions into his accounts, contrary to the declared business profile.
Mitthu is reported to have maintained 19 bank accounts (14 local and 5 foreign) with an aggregate credit turnover of Rs5.34 billion. The AMLC has directed him to appear before the FIA Lahore with all relevant documents and the original CNIC, FBR returns/declaration for periods of 2016 to 2023, personal and business.
He is also instructed to provide a list of all countries he has visited and share the purpose of his visits. The AMLC has asked for a list of all offshore/shell companies and business vehicles held by him, his spouse, and family members, along with records of national and international assets for him and his family.
Additionally, details of foreign currency purchases and transactions are to be provided.
Failure or non-compliance may lead to proceedings against him under Section 174, 175 of the Pakistan Penal Code 1860 in court.
Close sources of Muhammad Sabir Hameed, s/o Abdul Hameed Khan, have refuted the charges mentioned in the notice, asserting that there is no truth in the allegations. They claim that the notice stems from a misunderstanding created by his business rivals and cite that all his business activities are transparent.
