![]() ![]() On Dec 5, 2019, Mr Akbar announced at a press conference in Islamabad that £140m had been repatriated to Pakistan, into the Supreme Court’s account. However, the matter gets murky with the entrance of Special Assistant to the Prime Minister on Accountability Shahzad Akbar, who apparently on the behest of Malik convinced the NCA to settle the matter and return the money to Pakistan. His family had been under a ‘dirty money’ NCA investigation for a while, which reached its conclusion with the £190 million. That is what happened in the case of Malik Riaz. So if the agency is investigating fraud or money laundering in Pakistan, it will prosecute or make a settlement in the UK and return the money to the Pakistani government. If the NCA is investigating a case outside of the UK, it returns the stolen money to the affected state. ![]() To understand this, the NCA is a national law enforcement agency in the UK that investigates money laundering and illicit finances derived from criminal activity in the UK and abroad. The settlement was the largest ever in the history of the NCA, and since it was out of court, came with the stipulation that it did not “represent a finding of guilt”. In 2019, the National Crime Agency (NCA) of the United Kingdom agreed to a settlement worth £190 million with the family of property tycoon Malik Riaz. The case due to which he has been summoned goes all the way back to 2019, and involves accusations of bribery, corruption, and kickbacks against the government of former prime minister Imran Khan. He has over time alleged that all of the cases have been cooked up in a deliberate exercise in political victimisation instigated by the incumbent federal government and the military establishment which wishes to see him behind bars.īut after multiple armed showdowns at his Zaman Park residence in Lahore and raids on his Bani Gala residence in Islamabad, what has Khan finally been taken into custody for? Initial reports are emerging that it is over the Al-Qadir Trust Case currently being investigated by the National Accountability Bureau (NAB).īut what exactly are the details of the Al-Qadir Trust Case? To put it mildly the case is perhaps one of the most clouded and murky webs from the Imran Khan administration and involves among other real estate tycoons, Malik Riaz. Since being ousted from power, Khan has been hounded by law enforcement agencies over literally hundreds of different cases. The almost year-long efforts to arrest former prime minister Imran Khan came to an end in the hustle and bustle of a sweltering Tuesday afternoon outside the Islamabad High Court (IHC). ![]()
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