Investigating a questionable transaction, Gen (retd) Bajwa relative receives a clean sheet
In a suspicious transaction investigation, the Federal Investigation Agency (FIA) has cleared Sabir Hameed, also known as Mithu, a close relative of former army chief Gen (retd) Qamar Javed Bajwa, according to a story published in The News on Saturday.
The FIA ended its investigation against the well-known businessman because they were unable to find any proof to back up the accusations made against him by his opponents.
Hameed, who works for a large real estate company, gave the FIA investigators access to all of the records he had, including tax returns through the fiscal year 2022, bank statements, information on both domestic and foreign real estate, automobiles, offshore businesses, and so forth.
According to people close to him, the FIA initially called the close relative of the former army leader on October 23.
They added that although Hameed is a diligent Pakistani who conducts business in a transparent manner, his opponents have defamed him by making unfounded accusations against him. They said that the FIA team carried out a thorough investigation and determined that the claims were unfounded.
In reference to FIA AML Circle Enquiry No. 226/2023, Hameed was called in by the Anti-Money Laundering Circle (AMLC) in accordance with Section 160, 1898 CrPC, as per a correspondence made accessible to The News.
According to the letter, the summons was issued as a result of an ongoing criminal investigation by the agency into claims that he had made many questionable transactions into his accounts that did not align with his reported business profile.
The letter claimed that Hameed had 19 bank accounts with a combined credit turnover of Rs5.34 billion, 14 of which were local and 5 of which were overseas.
It was instructed that he appear before the AML FIA Lahore with all pertinent documentation, including the original CNIC and FBR returns/declaration for the personal and commercial periods spanning from 2016 to 2023.
In addition, he was required to bring a list of all the nations he visited as well as an explanation of why. A list of all offshore/shell firms and business vehicles owned by the ex-army chief relative, his spouse, and family members were also instructed to be brought.
The FIA had also requested information about his family members and his worldwide and domestic holdings.
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