Tag: criminal investigation

  • FIA cracks down on luxury car showrooms in Karachi over money laundering suspicions

    FIA cracks down on luxury car showrooms in Karachi over money laundering suspicions

    On Thursday, the Commercial Banking Circle team of the Federal Investigation Agency (FIA) executed a seizure of four high-end vehicles at a Karachi-based car showroom.

    The owner of the establishment was unable to furnish credible documentation regarding the vehicles’ importation, raising suspicions of their involvement in a trade-based money laundering operation.

    The FIA has embarked on a comprehensive inquiry into the proprietors of car showrooms in Karachi, honing in on trade-based money laundering—an illicit stratagem that exploits international trade transactions as a conduit for unlawful financial transfers.

    In a recent enforcement operation, the FIA confiscated a quartet of opulent automobiles, including a Land Cruiser and an Audi, from a showroom situated on Khalid bin Waleed Road. Despite repeated requests, the showroom owner failed to comply with the FIA’s summons.

    The agency has further dispatched notifications to the proprietors of thirteen other car showrooms in Karachi, intensifying its scrutiny of this matter.

    Earlier in the week, the FIA conducted a search at the residence of a businessman by the name of Aziz Seekha in Karachi. This operation yielded a substantial haul of both foreign and Pakistani currency, alongside prize bonds, underscoring the agency’s ongoing efforts to combat financial irregularities.

  • Trump says he will be arrested on Tuesday, urges supporters to protest on his behalf

    Trump says he will be arrested on Tuesday, urges supporters to protest on his behalf

    Former US President Donald J. Trump, who is facing possible indictment by a Manhattan grand jury, declared on his social media site that he would be arrested on Tuesday and called on his supporters to protest on his behalf.

    The post was made on his site, Truth Social, on Saturday, and read, “THE FAR & AWAY LEADING REPUBLICAN CANDIDATE AND FORMER PRESIDENT OF THE UNITED STATES OF AMERICA, WILL BE ARRESTED ON TUESDAY OF NEXT WEEK. PROTEST, TAKE OUR NATION BACK!”

    However, two hours later, a spokesman issued a statement clarifying that Mr. Trump had not written his post with direct knowledge of the timing of any arrest. A lawyer for Trump, Susan R. Necheles, claimed that the post was based on news reports, and accused the Manhattan district attorney’s office of conducting a “political prosecution.”

    Prosecutors working for the district attorney, Alvin L. Bragg, have signaled that an indictment of Trump could be imminent. Still, they have not informed Trump’s lawyers when the charges would be sought or when an arrest would be made. People with knowledge of the matter said that at least one more witness is expected to testify in front of the grand jury, which could delay an indictment.

    Trump’s post urging his supporters to protest and reclaim the nation has raised concerns about a possible repeat of the violence that occurred on January 6, 2021, when supporters stormed the U.S. Capitol. Investigators later determined that far-right extremist groups, as well as ordinary Trump supporters, had read Trump’s tweets as a clear-cut invitation to the event.