Jahangir Tareen decides to establish new political party - Istehkam-e-Pakistan

[MenInG]

LAHORE: The Federal Investigation Agency (FIA) has exposed the sugar mafia's involvement in monetary fraud, speculative trade and money laundering after obtaining evidence of persistent increase in sugar prices through creating artificial shortage of the commodity.

The sugar mafia earned Rs110 billion in a year by increasing the sugar prices from Rs70 to Rs90 via ''satta'' (price fixing through collusion) and stashed the illegally gotten amount in fake and secret accounts, the FIA said.

Almost all the major sugar producing groups — some of which belong to major political parties — including Sharif Group, Tareen Group, Alliance Group, Almoiz Thal Group and Hamza Group, were found involved in the gambling, the agency added.

FIA Director Lahore Dr Muhammad Rizwan while talking to the media on Thursday about the operations against the sugar mafia said that solid evidence has come to light in the operations via data retrieved from 32 digital devices belonging to the sugar mafia.

He said owing to the sheer volume of the data gathered, "thousands of books" can be printed.

Rizwan said that 10 cases have been registered against the sugar mafia while 40 people have been identified who "were all in touch with each other".

The FIA has decided to investigate and scrutinise the accounts of prominent members of sugar gambling mafia, and then arrest them after registration of cases under Anti-Money Laundering Act, said the director.

Rizwan said of the "satta" mafia groups, 10 are from Lahore, while others are located in Multan, Hasilpur, Khanewal and Bahawalpur.

It was also revealed that the sugar mafia conspired to further increase sugar prices through gambling in the month of Ramazan.

GEO

 

[MenInG]

ISLAMABAD:The Federal Investigation Agency (FIA) on Wednesday registered a case against former Pakistan Tehreek-e-Insaf (PTI) general secretary Jahangir Tareen, his son Ali Tareen, son-in-law and other members of the family for alleged financial embezzlement.

According to sources in the agency, Jahangir Tareen transferred Rs3.25 billion from JDW company to his son-in-law's closed paper manufacturing company Farooqui Pulp.

The money, the authority added, was then transferred to the accounts of different members of the family.

Likewise, the report added, some Rs3 billion were invested and laundered through the same factory. 26 per cent of shares in the factory belong to public shareholders.

Moreover, the former PTI leader and his family members purchased dollars from open market and transferred them overseas.

FIA has also registered a case against Jahangir's right-hand man and chief financial officer, former secretary agriculture Rana Nasim, who reportedly used the funds in the purchase of sugarcane.

In March, the Federal Board of Revenue (FBR) presented a report to Prime Minister Imran Khan about the recovery of taxes from the sugar mills, which, according to a sugar inquiry commission, had minted billions of rupees through illegal means.

In its preliminary report – unveiled on April 5 – the commission stated that sugar mills belonging to the families of top politicians including PML-N’s Shehbaz Sharif, Jahangir Tareen and Khusro Bakhtiar, PML-Q’s Moonis Elahi and PPP’s Asif Ali Zardari were among beneficiaries of the crisis.

 

[Mamoon]

Imran Khan just resign as PM because his election campaign was funded by Jahangir Tareen.

He proved to be a beneficiary of corruption and hence is not worthy of holding the PM office in the Madinah riyasat of Pakistan.

At the very least, he owes the nation an apology for building Naya Pakistan on black money.

Another day, another humiliation for PTI supporters. It is a complete farce.

Imran has pulled off the greatest scam this country has ever seen.

 

[Mamoon]

Ali Tareen’s involvement in Pakistan cricket also needs to end. Thankfully he is no longer part of Multan Sultans.

After getting humiliated in politics (suffered a “badd Tareen” defeat ), he has decided to flaunt his daddy’s black money in cricket by projecting himself as the savior of cricket in south Punjab.

He is a nobody with no talent and no skill. His only achievement in life is getting born in the right family.

 

[RickyG]

Imran Khan just resign as PM because his election campaign was funded by Jahangir Tareen.

He proved to be a beneficiary of corruption and hence is not worthy of holding the PM office in the Madinah riyasat of Pakistan.

At the very least, he owes the nation an apology for building Naya Pakistan on black money.

Another day, another humiliation for PTI supporters. It is a complete farce.

Imran has pulled off the greatest scam this country has ever seen.

You’re a big supporter of Maryam Nawaz and Nawaz Sharif and the Sharif Group is named as one of the culprits.

And sorry to disappoint you. Just because someone donated to your election campaign doesn’t make you complicit for their crimes.

 

[Mamoon]

You’re a big supporter of Maryam Nawaz and Nawaz Sharif and the Sharif Group is named as one of the culprits.

And sorry to disappoint you. Just because someone donated to your election campaign doesn’t make you complicit for their crimes.

It makes you a beneficiary of corruption. PTI supporters accused others of benefiting from corruption but the self-appointed messiah himself turned out to be a beneficiary of corruption.

Here is the harsh truth: the Naya Pakistan was built on black money. Tsk tsk.

No amount of ad hominem, deflection and aye baye shaye will change this eye opening fact.

 

[Bewal Express]

This is a historic 1st, a PM allowing the FIA do to do their job. And they keep asking where is Naya PK? Well done IK for allowing the FIA to do their job.

 

[King-Misbah]

A Noorah lecturing others on corruption. The irony is real.

 

[MenInG]

This is a historic 1st, a PM allowing the FIA do to do their job. And they keep asking where is Naya PK? Well done IK for allowing the FIA to do their job.

That will take some time to sink in.

 

[Bewal Express]

That will take some time to sink in.

IA it's the start and the big fish start to feel the wrath of the law like the poor do. For some losers corruption isnt a problem as it impacts their favourites but PK has been eaten alive The irony isnt lost on anyone that the supporters of crooks and thugs don't know what angle to take as JT isn't an opposition member.

 

[Mamoon]

Naya Pakistan’s foundations were laid on black money. No wonder things are going south for the corrupt government of Imran Khan and every department is going downhill including the economy.

The Almighty has taught Imran a lesson.

 

[Mamoon]

Instead of demanding the Sharifs and the Bhuttos to return the looted wealth, Imran should follow what he preaches and return the black money that Jahangir Tareen spent on his election campaign.

 

[Mamoon]

Zulfiqar Bukhari should be investigated next.

His father made money in the UK as a human trafficker.

Imran is aware of this and that is why he keeps hiding his wealth from the media and feigns ignorance when he’s asked how Zulfiqar Bukhari made his money.

Like other frauds and scammers, he has favors on Imran and so the favors were repaid.

To his credit, Imran knows Zulfiqar is not the sharpest tool in the box and that is why he has given him the dummy post of SAPM Overseas Pakistanis.

It a joke of an office that does zilch, and is only fit for incompetent people like Zulfiqar.

As an added bonus, he also made him the chairman of tourism but that backfired in spectacular fashion - Zulfiqar was asked to name a must visit tourist destination in Pakistan and he did not have a clue.

 

[Bewal Express]

A lawless society dominated by crooks and their enablers is getting a jolt by Kaptaan. These historic moments don't happen very often. Well done IK. We need to get rid of NAB and put in an organisation that isn't dedicated to giving criminals a clean chit. We need to move all accountability courts to Islamabad and we need cases to decided within 2 months. This should be the start where all big fish do time and pay back billions.

 

[Mamoon]

The only historic moment is the realization that not only is Imran Khan a beneficiary, the foundations of Naya Pakistan were laid on black money.

Every single PTI supporter with intelligence, self-respect and honor has had enough and has accepted that this scam is not worth supporting.

 

[Mamoon]

All self-respecting Pakistanis who do not believe in cult-mentality and hero-worshipping must demand Imran Khan’s resignation.

 

[IMMY69]

There's a lot of desperation on this thread and it's actually quiet uncomfortable to see.

 

[Bewal Express]

Only Imran Khan worshippers are still supporting this government. The genuine PTI supporters who do not have cult-mentality and do not worship individuals are done with this scam.

They saw Imran and PTI as an opportunity for real change but they have realized that it was nothing but a giant scam.

You really are hurting and I am loving it. After the humiliation of the PDM, suck it up. All your crooks falling out and calling each other selected is better than an comedy.Btw why did you run from your own celebrations? Can you show us that twitter link again?

 

[Bewal Express]

There's a lot of desperation on this thread and it's actually quiet uncomfortable to see.

The PDM had so many losers as supporters and they arw hurting like hell. Billo and Maryam are calling each other selected and these losers don't know which loser to back.

 

[Bewal Express]

There's a lot of desperation on this thread and it's actually quiet uncomfortable to see.

Do you remember the celebration from some losers? What was all that about?

 

[Mamoon]

You have to hand it to Imran. He does possess immense talent as far as brainwashing and manipulation is concerned.

He has somehow managed to convince his supporters that the revelation that his election campaign was financed by black money is somehow a testament of Imran’s honesty and transparency.

Incredible.

As I have stated multiple times, if Imran lived a few thousand years ago, he would have started his own religion.

He can claim that he can time travel and his supporters will ask him at what speed.

 

[Mamoon]

Before Imran was selected by the selectors, he insisted that if were to become the PM, accountability will start with him.

We all know that the pre-2018 Imran no longer exists. He has become a shell of what he was and has backtracked on everything he promised.

Nevertheless, he must answer and explain why he used a fraud like Jahangir Tareen as his financier.

If he was unaware, how come he didn’t investigate and look into his activities before using him like an ATM and zooming across the country in his private jets?

If Imran really cared about honesty and if he had any conviction in his anti-corruption stance, he would investigate his financiers before taking money from.

However, we all know that he was not ignorant and he was fully aware of what the likes of Jahangir Tareen were up to. However, he decided to become a beneficiary of corruption and thus lost all credibility.

 

[MenInG]

Before Imran was selected by the selectors, he insisted that if were to become the PM, accountability will start with him.

We all know that the pre-2018 Imran no longer exists. He has become a shell of what he was and has backtracked on everything he promised.

Nevertheless, he must answer and explain why he used a fraud like Jahangir Tareen as his financier.

If he was unaware, how come he didn’t investigate and look into his activities before using him like an ATM and zooming across the country in his private jets?

If Imran really cared about honesty and if he had any conviction in his anti-corruption stance, he would investigate his financiers before taking money from.

However, we all know that he was not ignorant and he was fully aware of what the likes of Jahangir Tareen were up to. However, he decided to become a beneficiary of corruption and thus lost all credibility.

So the FIA inquiry has concluded and a verdict issued?

Maybe I missed that news item?


Also do you not think that Imran Khan with all the power he has to rule could stop this investigation? Think about it. Which Pakistani PM/Leader in your living memory has stood by and let people in his Govt be investigated like this?

 

[Bewal Express]

Before Imran was selected by the selectors, he insisted that if were to become the PM, accountability will start with him.

We all know that the pre-2018 Imran no longer exists. He has become a shell of what he was and has backtracked on everything he promised.

Nevertheless, he must answer and explain why he used a fraud like Jahangir Tareen as his financier.

If he was unaware, how come he didn’t investigate and look into his activities before using him like an ATM and zooming across the country in his private jets?

If Imran really cared about honesty and if he had any conviction in his anti-corruption stance, he would investigate his financiers before taking money from.

However, we all know that he was not ignorant and he was fully aware of what the likes of Jahangir Tareen were up to. However, he decided to become a beneficiary of corruption and thus lost all credibility.

As recent events have shown and Billo and Maryam have said it is your crooks that were selected. No amount of rewriting history can undo Ayub, Gilani and Zia. With this selection they have between them destroyed every institution and I mean everything. And then losers like you want Kaptaan to sort everything in 2.5 years. Not only does it show your badniyaati, it shows your lack of basic intelligence as evidenced by your inability to understand something as simple as how an exchange rate is determined or how CAD affects the exchange rate and its other consequences.
So you want IK to investigate JT and others. I know Kaptaan is talented but you also want to him to be Poirot.lol Your posts are so pathetic that they have become a parody.

 

[Bewal Express]

You have to hand it to Imran. He does possess immense talent as far as brainwashing and manipulation is concerned.

He has somehow managed to convince his supporters that the revelation that his election campaign was financed by black money is somehow a testament of Imran’s honesty and transparency.

Incredible.

As I have stated multiple times, if Imran lived a few thousand years ago, he would have started his own religion.

He can claim that he can time travel and his supporters will ask him at what speed.

With each post you expose your bitterness. I tell you one thing, reading your hurt makes my day in these tough times.

 

[Mamoon]

So the FIA inquiry has concluded and a verdict issued?

Maybe I missed that news item?


Also do you not think that Imran Khan with all the power he has to rule could stop this investigation? Think about it. Which Pakistani PM/Leader in your living memory has stood by and let people in his Govt be investigated like this?

There is no going around this farce.

The fact is that Imran’s election campaign was funded with black money. He was aware of what Jahangir Tareen was up to but he had no issues in using him as his ATM which makes him a beneficiary of corruption.

If he was so clueless and naive that he was unaware, he should have done his investigation before using him as his ATM if he was sincere about his anti-corruption narrative and the whole transparency drama.

 

[MenInG]

There is no going around this farce.

The fact is that Imran’s election campaign was funded with black money. He was aware of what Jahangir Tareen was up to but he had no issues in using him as his ATM which makes him a beneficiary of corruption.

If he was so clueless and naive that he was unaware, he should have done his investigation before using him as his ATM if he was sincere about his anti-corruption narrative and the whole transparency drama.

You aren't answering MY Question. You are simply stating your own beliefs.

 

[IMMY69]

This thread should also serve as proof that whatever IK is doing, it's working just fine!

 

[Mamoon]

You aren't answering MY Question. You are simply stating your own beliefs.

It is not a belief; it is a fact. You either believe that JKT is not corrupt but if you do, there is no justification for why Imran used him as his financier.

The issue is that Imran supporters will defend anything and everything. For them, he is never wrong and beyond criticism.

 

[Bigboii]

Me and my family have absolutely nothing to lose. Whoever is in the government has no impact on us and we are also immune to the economic troubles of the country.

You can interpret this in any way you like. It is up to you and not my problem.

However, the irony is that the corrupt mafia is not out of the government because Imran himself is a beneficiary of the corrupt mafia.

Moreover, an overseas Pakistani like you whose love for the UK passport trumps his love for Pakistan has no business discussing the internal affairs of Pakistan. You are an outsider.

oh tell that to literally all the Pak pm looking for oversees Pak money

 

[Mamoon]

oh tell that to literally all the Pak pm looking for oversees Pak money

When overseas Pakistanis claim that they love Pakistan even though their actions speak louder than words, don’t blame the politicians for trying to exploit them.

 

[Bewal Express]

This thread should also serve as proof that whatever IK is doing, it's working just fine!

They really are hurting. Some of these losers came with links to twitter celebrating the fact that a thief had won. Soon they disappeared quicker then they came.

 

[Bewal Express]

When overseas Pakistanis claim that they love Pakistan even though their actions speak louder than words, don’t blame the politicians for trying to exploit them.

So tell us who to vote for? Is it NS, AZ, Maryam or Billo? It's when this question is posed that you decide to do a quick exit. Lets see if you have grown a pair and dont run this time.

 

[Bigboii]

So tell us who to vote for? Is it NS, AZ, Maryam or Billo? It's when this question is posed that you decide to do a quick exit. Lets see if you have grown a pair and dont run this time.

he is a PPP guy

other people are just to troll with youth brigade and have fun with em...

 

[IMMY69]

Firstly it's all "Alleged"

Secondly. Even if it's true Ik/PTI doing absolutely the right thing n y not standing in the way of the investigation.

Thirdly, if IK or for that matter any sitting PM was unaware of this then no it doesn't make a difference whether black or white money was used for the campaign.
It's a different matter altogether if the embezzlement and laundering took place and IK was aware of it.

Finally, no one has the right to say whether myself or or anyone else with dual nationality should not have an opinion on the country they were born in. In fact we can have an opinion Especially when this person hates "his" country to the point where one suspects whether they even come from that country.

 

[IMMY69]

he is a PPP guy

other people are just to troll with youth brigade and have fun with em...

He is a supporter of corruption.
Corruption over incompetence

Tell me why would anyone support the daughter or son of ex corrupt politicians who have never worked even for ten minutes in their lives?

 

[Bewal Express]

he is a PPP guy

other people are just to troll with youth brigade and have fun with em...

Are you sure? From memory,he has supported NS, SS, Maryam, their budgie,their parrot and their driver. I think he has been telling you fibs. On the other hand you maybe right and he has supported AZ, Billo and his sisters. As these 2 parties hate each other and he has supported both, you see a very simple but confused troll.

 

[Mamoon]

Firstly it's all "Alleged"

Secondly. Even if it's true Ik/PTI doing absolutely the right thing n y not standing in the way of the investigation.

Thirdly, if IK or for that matter any sitting PM was unaware of this then no it doesn't make a difference whether black or white money was used for the campaign.
It's a different matter altogether if the embezzlement and laundering took place and IK was aware of it.

Finally, no one has the right to say whether myself or or anyone else with dual nationality should not have an opinion on the country they were born in. In fact we can have an opinion Especially when this person hates "his" country to the point where one suspects whether they even come from that country.

Imran knew what Jahangir Tareen was up to just like he knew how Zulfiqar Bukhari’s father made his money in the UK. He benefited from their scams and their black money and pulled wool over the eyes of his supporters.

This is why he has lost support of the genuine PTI supporters. However, Imran supporters who are completely brainwashed by him will always defend and justify him no matter what.

 

[Bewal Express]

Imran knew what Jahangir Tareen was up to just like he knew how Zulfiqar Bukhari’s father made his money in the UK. He benefited from their scams and their black money and pulled wool over the eyes of his supporters.

This is why he has lost support of the genuine PTI supporters. However, Imran supporters who are completely brainwashed by him will always defend and justify him no matter what.

So you wanted IK to become like Poirot and investigate all these people when the people your crooks refused to investigate JT or anyone else that committed crimes. Why did the crooks you support refuse to investigate JT. As far as ZB dad is concerned, have you been on the Noora media cells again? If there was an issue, why didn't the British police investigate him.The logic and stupidity of your argument shows your badniyaati.

 

[IMMY69]

Imran knew what Jahangir Tareen was up to just like he knew how Zulfiqar Bukhari’s father made his money in the UK. He benefited from their scams and their black money and pulled wool over the eyes of his supporters.

This is why he has lost support of the genuine PTI supporters. However, Imran supporters who are completely brainwashed by him will always defend and justify him no matter what.

Your opinion does not make it fact and surely you would know by now that waiting is the best policy. Shooting your mouth off prematurely only makes you look the fool.

 

[MenInG]

ISLAMABAD: Adviser to Prime Minister on Interior and Accountability Shahzad Akbar said on Thursday that Jahangir Tareen will be prosecuted as per law, saying no one will be given an NRO.

Akbar's comments come a day after the Federal Investigation Agency (FIA) booked the former Pakistan Tehreek-e-Insaf (PTI) general secretary and his son, Ali Tareen, among other members of his family in two separate cases pertaining to financial embezzlement and money laundering.

Talking to media persons in Lahore, the adviser said, "The attempts for NROs are no secret, but we are not going to give them to anyone."

He added that, "There will be no favoritism in this and Tareen will be prosecuted as per the law."

Akbar further said that the government took various actions following the inquiry commission's report on sugar scandal. "The report was made public despite the involvement of our own member."

In this regard, he added, an amount of more than Rs300 million was frozen. An expeditious investigation on the sugar scandal is underway, the PM's aide claimed.

He observed that such scandals were not new, adding that not just the mills but the market forces too affect the prices.

The forces in the market are involved in illegal profiteering, the adviser said. He added that, "FIA and NAB have been provided with evidences with respect to action against such illegal market elements."

'Fabricated allegations'

While responding to the case registered against him a day earlier, Tareen claimed that the allegations against him and his family were “totally fabricated”.

"I have already submitted a detailed reply along with concrete evidence in response to the FIA notice. Unfortunate to see them go on another smear campaign against me & my family without establishing anything illegal," he wrote.

According to sources in the FIA, Tareen transferred over Rs3 billion from his company JDW Group, to his son-in-law Waleed Akbar Farooqui's firm, Farooqui Pulp Private Limited, which was shut down in 2011.

Around 26% of the company's shares belonged to public shareholders.

An inquiry disclosed that the JDW had made fraudulent payments to the closed mill under the guise of clearing dues.

https://tribune.com.pk/story/2292674/jahangir-tareen-to-be-prosecuted-as-per-law-shahzad-akbar

 

[Major]

so Imran is the benefactor of corruption aswell?

where is our PTI brethren that go on calling others benefactors of corruption

 

[IMMY69]

so Imran is the benefactor of corruption aswell?

where is our PTI brethren that go on calling others benefactors of corruption

There seems to be a similar trait in the PMLN/PPP supporters.
You all display it and I guess that's why they were in power for so long.
I would ask you take a guess but then it will only serve to back up my point

 

[Bewal Express]

so Imran is the benefactor of corruption aswell?

where is our PTI brethren that go on calling others benefactors of corruption

We are here. And we will condemn ANY corruption and want jailings. As i explained to your friend, look at the dates and ASK who was in Power in 2011" According to sources in the FIA, Tareen transferred over Rs3 billion from his company JDW Group, to his son-in-law Waleed Akbar Farooqui's firm, Farooqui Pulp Private Limited, which was shut down in 2011" who was in power in 2011 and why was nothing done?

 

[MenInG]

LAHORE: A banking court granted interim bail to PTI leader Jahangir Tareen and his son Ali Tareen in cases against them relating to alleged fraud and money laundering in Lahore on Saturday.

The Lahore banking court has granted interim bail to Jahangir and Ali in exchange for bail bonds of Rs500,000 each. The bail has been granted till April 10.

Jahangir and Ali posted their bail in a case registered with the Federal Investigation Agency (FIA), after which the court restrained the FIA ​​from arresting them till April 7.

FIA has been asked by the court to present all records at the next hearing.

FIA registers cases against Jahangir Tareen, son

Earlier this week, it was reported that FIA Lahore had registered a case of alleged fraud of Rs3.14 billion on March 22 against father-son duo.

The FIR states that Jahangir allegedly transferred illegal shares worth billions of rupees to Farooqi Pulp Mills Limited (FPML), which is owned by his son and close relatives.

It says the transfers, especially after 2011-12, were "patently fraudulent investments which ultimately translated into personal gains" for Jahangir's family. Some Rs3 billion were invested and laundered through the same factory.

The PTI leader expressed the belief that he is being placed under a media trial to damage his reputation.

He was speaking to the media outside court Saturday.

Jahangir questioned why his sugar mills were being "tossed around" this way. "Is there no issue with the remaining 80 sugar mills?" he asked.

He said none of the cases against him had any correlation with the increase in sugar prices in Pakistan.

The PTI leader opined that FIA had been handed this case "on purpose". He said adding the words money laundering had made this into a criminal case.

Sugar crisis of 2020 and its investigation report

Last year, PM Imran Khan had tasked the FIA to investigate the sugar crisis throughout the country and find out who benefited from it.

A report by the FIA released last year had claimed that top PTI members were among those who gained from the recent sugar crisis in the country.

Read about the hike in sugar prices in Pakistan

Among the people named in the FIA report were Jahangir Tareen and a brother of the then Minister for National Food Security Khusro Bakhtiar.

Tareen was said by the report to have benefited the most from the sugar crisis followed by Bakhtiar's brother.

GEO

 

[MenInG]

Pakistan Tehreek-e-Insaf’s (PTI ) estranged leader Jahangir Tareen on Saturday asked if there was "no problem with the rest [of the] 80 sugar mills" in the country and why only his name was being mentioned.

Tareen was talking to the media outside the local court after he and his son Ali Tareen obtained bail orders in three different FIRs registered against them by the Federal Investigation Agency (FIA) over allegations of fraudulently misappropriating shareholder's money, company’s money and committing money laundering.

Tareen lamenting on FIA’s conduct and said it was not the obligation of the FIA to probe into the decisions taken by the companies and that it deliberately implicated him in money laundering charges.

“Why such hype is being created only on Tareen’s mils. We have appeared before the court and will prove our innocence in court,” he further said.

He also expressed concerns over the 'media trial' over the allegations.

It is worth mentioning that accused Rana Nassem and Muhammad Rafique, Ghufran and others had obtained pre-arrest bails earlier.

Talking to The Express Tribune, Tareen’s counsel Barrister Salman Safdar said it was astonishing that FIA has not mentioned anywhere in the FIRs the allegations relating to sugar, price escalation and market manipulation.

He added that the perception was being built that the FIRs have been registered against sugar mafias.

According to the three FIRs, two of them were registered under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code (PPC), read with sections 3/4 of the Anti-Money Laundering Act.

In the third FIR, it was stated that accused Tareen fraudulently misappropriated the money of shareholders after his company (JDW group) transferred Rs.3.14 billion to an associated private company identified as Farooqi Pulp Private Limited (FPML). The FIR stated that the private company is owned by his sons and close relatives.

The FIR stated that “the transfers, especially after FY 2011-2012, were patently fraudulent investments which ultimately translated into personal gains for the family member of the JDW CEO”.

It further added that during this period, Tareen, his son and other family member purchased US currency from the open market in Lahore in a structured manner.

Subsequently, in 2016, Ali Khan Tareen remitted approximately US$7.4 Million to the United Kingdom for purchasing properties (to be investigated in detail during the course of the investigation) which makes them liable for an anti-money laundering investigation, the FIR said.

The FIA stated that Tareen, his son, son-in-law Waleed Akbar Faruki and Shahid Akbar Faruki beneficially controlled FPML and personally benefitted from this scheme.

The investigation agency further stated that "voluminous withdrawals amounting to at least Rs2.2 billion were fraudulently and dishonestly made through a trusted cash rider".

Amir Waris, employed as a cashier at JDW's corporate head office, deposited large amounts into the personal and business accounts of Tareen and his family members.

This modus operandi of cash-based misappropriation and money laundering was employed to break the onwards money trail of deposits into personal and business accounts of the accused Tareen and family, it said.

It also stated that Rana Nasim Ahmed, JDW CEO, was also given large amounts from the company's accounts to the tune of Rs.600 million. He claimed these amounts as salary, bonuses and 'gentlemanly-agreed' benefits.

 

[RickyG]

It makes you a beneficiary of corruption. PTI supporters accused others of benefiting from corruption but the self-appointed messiah himself turned out to be a beneficiary of corruption.

Here is the harsh truth: the Naya Pakistan was built on black money. Tsk tsk.

No amount of ad hominem, deflection and aye baye shaye will change this eye opening fact.

Conveniently ignored that the Sharif group was also named huh?

I don't care about Naya Pakistan. I care about the progression of democracy, empowerment and accountability of instutions and moving on from dynastic parties. Trying to bait for emotional reactions from people is not going to work on me. You want to have a conversation about something then have a conversation.

The fact that one of the biggest contributors to IK's campaign is being charged under IK's rule is more progression than we would've seen under the previous two regimes. Your political views in general are rife with hypocrisy, myopia and intolerable whining.

 

[MenInG]

In a show of support, Punjab lawmakers from the ruling PTI accompanied sugar baron Jahangir Tareen to court on Wednesday where he and his son had to appear for an extension in their interim bail in cases filed by the Federal Investigation Agency (FIA).

Lala Tahir Randhawa, Raja Riaz, Noman Langrial, Salman Naeem, Ghulam Bibi Bharwana, Khurram Leghari and Abdul Hai Dasti showed up to support Tareen at his hearing.

Speaking to the media, PTI MNA Raja Riaz said that PM Imran would not have been successful in winning the vote of confidence from parliament in March without Tareen.

"Tareen played the biggest part in obtaining the vote of confidence. Perhaps the prime minister would not have been successful if Tareen had not played his part."

He said that Tareen had played a part in forming the Punjab and federal government. "Now people close to the prime minister are hatching conspiracies against Tareen and exacting revenge."

He stated that all the MPAs and MNAs that had gathered for today's hearing were united in denouncing the "injustice" against Tareen. "We think the prime minister should take action against this."

Tareen denies parting ways with PTI
Meanwhile, Tareen denied that he was parting ways with the party and questioned why his "loyalty is being tested".

"I have given my blood and sweat [for the PTI]. Do you think I can separate from the party? Absolutely not." He said he was and will continue to remain a part of the PTI and also denied reports of a future meeting with PPP Chairman Asif Ali Zardari.

During today's press talk, Tareen also lashed out at the action initiated against him and his family.

He said that there were currently three FIRs registered against him. "For the past year, after the sugar inquiry commission, these things have been happening against me. I have remained silent for one year. What more proof do you need of my loyalty?"

He said his loyalty was being tested and questioned why he was being singled out among the owners of sugar mills across the country.

"The injustice is increasing," he said, adding that his and his son Ali Tareen's bank accounts had been frozen without any development in the case concerned. "Why was this done? Who is benefitting from this, who is behind this?"

The disgruntled leader said he was asking for "insaaf from the Pakistan Tehreek-i-Insaaf".

"I was a friend. Why are you pushing me to become an enemy?" he asked. He also advised the party to keep him as a friend.

He asked the prime minister to expose those exacting revenge against him. "Only the prime minister and the loyal supporters of the party can do that."

Tareen exploring 'political options'
Tareen's statement comes a day after PPP's Syeda Shehla Raza claimed that a meeting between Zardari and the disgruntled PTI leader had been scheduled for next week.

“There is a possibility that Tareen may join the PPP along with his supporters. If this happens then both [Prime Minister Imran Khan] Niazi and [Punjab Chief Minister Usman] Buzdar will be sent packing,” she had said in a tweet that was later deleted.

She had also said that Tareen held a meeting (in this regard) with PPP leader and former Punjab governor Makhdoom Ahmad Mahmood, who is his relative.

However, both Tareen and Mahmood had denied their meeting on this matter.

“No truth in reports about my meeting with PPP leadership and joining it [the party of Bhutto]. A constant propaganda campaign is being run against me,” Tareen had said in a statement.

Talking to Dawn, Mahmood had said: “All of this [meeting reports] is completely fake.”

However, he did not offer any comment when asked as to why senior leaders like Raza would speak about the meeting with Tareen if it did not take place.

Meanwhile, a PPP leader from Punjab had told Dawn that some important political players would soon reposition themselves in the face of the PTI government’s failure on every front, especially on economy.

“Tareen, who feels betrayed by his friend Imran Khan, has the support of some lawmakers and he is carefully playing his cards. He knows that FIA’s action against him is not possible without the approval of Imran, for whom he had spent his bucks and used his clout to bring him into power,” he had said and confirmed that Tareen and the PPP leadership had been in contact.

“It is the PTI top leadership that has pushed Tareen to explore other political options,” he added.

After virtually coming out of the opposition alliance — Pakistan Democratic Movement (PDM) — the PPP gets active to fancy its chances to form its government at the Centre in the future.

“PPP chairman Bilawal Bhutto-Zardari is also keen to perform well in Punjab in next general elections and for this purpose he is looking up to stalwarts like Tareen,” the PPP leader had said, adding that Tareen had asked some PTI lawmakers, who are close to him, to accompany him to court on Wednesday.

Tareen, son booked for money laundering
Last week, the Federal Investigation Agency (FIA) had registered two more FIRs against Tareen and his family members facing over Rs5 billion money laundering and fraud charges in the sugar scam.

The FIA’s Lahore circle had registered both the FIRs against the estranged PTI leader, his son Ali Tareen, son-in-law and others on March 22 and sealed them. However, it had opened the FIRs last week ‘on an order from the top’ and initiated legal proceedings against those nominated.

A total of four FIRs have been registered against Tareen and others since November last in connection with the multi-billion-rupee sugar scam but the FIA has yet to lay its hands on them.

According to the new FIRs, Jahangir Tareen “fraudulently misappropriated shareholder’s money after his company, JDW group, transferred Rs3.14bn to an associated private company — Farooqi Pulp Pvt Ltd (FPML), Gujrat, which is owned by his son and close relatives.

“During 2011-2012 when fraudulent investments were made being pumped into FPML accounts, Treen, his son Ali and other family members purchased US dollars from the open market in Lahore in a structured manner (keeping each transaction below FMUs STR/CTR reporting threshold of US$35,000 to avoid detection). Subsequently, in 2016, Ali Tareen remitted US$7.4m to the UK for the purchase of properties (to be investigated) which makes them liable for anti-money laundering investigation.”

The FIA said: “A premeditated scheme of misappropriation of public shareholders’ money by Jahangir Tareen has surfaced whereby voluminous withdrawals amounting to at least Rs2.2 billion were fraudulently and dishonestly made through a trusted cash rider Amir Waris (from 2017 to 2020). Waris employed as a cashier at JDW’s Corporate Head Office, deposited huge cash amounts into the personal and business accounts of Tareen and his family members including females.” The FIR mentioned the names of the Tareen family women on whose accounts a huge sum of money had been deposited.

It said: “This modus operandi of cash-based misappropriation and money laundering was employed to break the onwards money trail of deposits into personal and business accounts of the accused Tareen and family.”

Both FIRs were registered under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code (PPC), read with sections 3/4 of the Anti-Money Laundering Act against all those mentioned in the FIRs.

Sugar probe report
Last year, a sugar inquiry commission, headed by FIA chief Wajid Zia and comprising officials from other institutions, was set up on the orders of Prime Minister Imran Khan to investigate the reasons behind the soaring price and shortage of the commodity in the country.

The commission's report, which was made public by the government in April, exposed multiple wrongdoings within the sugar industry and implicated key government and opposition political figures, including Tareen, PML-Q MNA Moonis Elahi, federal minister Khusro Bakhtiar and PML-N President Shehbaz Sharif's son.

The report detailed how over the years sugar mill owners had manipulated the market to make windfall profits amounting to billions of rupees, shedding light on the nexus between these owners and various government officials that led to unregulated practices bypassing laws and often exploiting the farmers.

It also revealed how the ‘sugar cartel’ comprising 88 mills had cheated sugarcane growers and consumers at every step starting from the procurement of cane, production of sugar, sale in the local market and export, all of which led to price hike of sugar as well as billions of rupees of tax evasion.

DAWN

 

[Bewal Express]

In a show of support, Punjab lawmakers from the ruling PTI accompanied sugar baron Jahangir Tareen to court on Wednesday where he and his son had to appear for an extension in their interim bail in cases filed by the Federal Investigation Agency (FIA).

Lala Tahir Randhawa, Raja Riaz, Noman Langrial, Salman Naeem, Ghulam Bibi Bharwana, Khurram Leghari and Abdul Hai Dasti showed up to support Tareen at his hearing.

Speaking to the media, PTI MNA Raja Riaz said that PM Imran would not have been successful in winning the vote of confidence from parliament in March without Tareen.

"Tareen played the biggest part in obtaining the vote of confidence. Perhaps the prime minister would not have been successful if Tareen had not played his part."

He said that Tareen had played a part in forming the Punjab and federal government. "Now people close to the prime minister are hatching conspiracies against Tareen and exacting revenge."

He stated that all the MPAs and MNAs that had gathered for today's hearing were united in denouncing the "injustice" against Tareen. "We think the prime minister should take action against this."

Tareen denies parting ways with PTI
Meanwhile, Tareen denied that he was parting ways with the party and questioned why his "loyalty is being tested".

"I have given my blood and sweat [for the PTI]. Do you think I can separate from the party? Absolutely not." He said he was and will continue to remain a part of the PTI and also denied reports of a future meeting with PPP Chairman Asif Ali Zardari.

During today's press talk, Tareen also lashed out at the action initiated against him and his family.

He said that there were currently three FIRs registered against him. "For the past year, after the sugar inquiry commission, these things have been happening against me. I have remained silent for one year. What more proof do you need of my loyalty?"

He said his loyalty was being tested and questioned why he was being singled out among the owners of sugar mills across the country.

"The injustice is increasing," he said, adding that his and his son Ali Tareen's bank accounts had been frozen without any development in the case concerned. "Why was this done? Who is benefitting from this, who is behind this?"

The disgruntled leader said he was asking for "insaaf from the Pakistan Tehreek-i-Insaaf".

"I was a friend. Why are you pushing me to become an enemy?" he asked. He also advised the party to keep him as a friend.

He asked the prime minister to expose those exacting revenge against him. "Only the prime minister and the loyal supporters of the party can do that."

Tareen exploring 'political options'
Tareen's statement comes a day after PPP's Syeda Shehla Raza claimed that a meeting between Zardari and the disgruntled PTI leader had been scheduled for next week.

“There is a possibility that Tareen may join the PPP along with his supporters. If this happens then both [Prime Minister Imran Khan] Niazi and [Punjab Chief Minister Usman] Buzdar will be sent packing,” she had said in a tweet that was later deleted.

She had also said that Tareen held a meeting (in this regard) with PPP leader and former Punjab governor Makhdoom Ahmad Mahmood, who is his relative.

However, both Tareen and Mahmood had denied their meeting on this matter.

“No truth in reports about my meeting with PPP leadership and joining it [the party of Bhutto]. A constant propaganda campaign is being run against me,” Tareen had said in a statement.

Talking to Dawn, Mahmood had said: “All of this [meeting reports] is completely fake.”

However, he did not offer any comment when asked as to why senior leaders like Raza would speak about the meeting with Tareen if it did not take place.

Meanwhile, a PPP leader from Punjab had told Dawn that some important political players would soon reposition themselves in the face of the PTI government’s failure on every front, especially on economy.

“Tareen, who feels betrayed by his friend Imran Khan, has the support of some lawmakers and he is carefully playing his cards. He knows that FIA’s action against him is not possible without the approval of Imran, for whom he had spent his bucks and used his clout to bring him into power,” he had said and confirmed that Tareen and the PPP leadership had been in contact.

“It is the PTI top leadership that has pushed Tareen to explore other political options,” he added.

After virtually coming out of the opposition alliance — Pakistan Democratic Movement (PDM) — the PPP gets active to fancy its chances to form its government at the Centre in the future.

“PPP chairman Bilawal Bhutto-Zardari is also keen to perform well in Punjab in next general elections and for this purpose he is looking up to stalwarts like Tareen,” the PPP leader had said, adding that Tareen had asked some PTI lawmakers, who are close to him, to accompany him to court on Wednesday.

Tareen, son booked for money laundering
Last week, the Federal Investigation Agency (FIA) had registered two more FIRs against Tareen and his family members facing over Rs5 billion money laundering and fraud charges in the sugar scam.

The FIA’s Lahore circle had registered both the FIRs against the estranged PTI leader, his son Ali Tareen, son-in-law and others on March 22 and sealed them. However, it had opened the FIRs last week ‘on an order from the top’ and initiated legal proceedings against those nominated.

A total of four FIRs have been registered against Tareen and others since November last in connection with the multi-billion-rupee sugar scam but the FIA has yet to lay its hands on them.

According to the new FIRs, Jahangir Tareen “fraudulently misappropriated shareholder’s money after his company, JDW group, transferred Rs3.14bn to an associated private company — Farooqi Pulp Pvt Ltd (FPML), Gujrat, which is owned by his son and close relatives.

“During 2011-2012 when fraudulent investments were made being pumped into FPML accounts, Treen, his son Ali and other family members purchased US dollars from the open market in Lahore in a structured manner (keeping each transaction below FMUs STR/CTR reporting threshold of US$35,000 to avoid detection). Subsequently, in 2016, Ali Tareen remitted US$7.4m to the UK for the purchase of properties (to be investigated) which makes them liable for anti-money laundering investigation.”

The FIA said: “A premeditated scheme of misappropriation of public shareholders’ money by Jahangir Tareen has surfaced whereby voluminous withdrawals amounting to at least Rs2.2 billion were fraudulently and dishonestly made through a trusted cash rider Amir Waris (from 2017 to 2020). Waris employed as a cashier at JDW’s Corporate Head Office, deposited huge cash amounts into the personal and business accounts of Tareen and his family members including females.” The FIR mentioned the names of the Tareen family women on whose accounts a huge sum of money had been deposited.

It said: “This modus operandi of cash-based misappropriation and money laundering was employed to break the onwards money trail of deposits into personal and business accounts of the accused Tareen and family.”

Both FIRs were registered under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) and 109 of the Pakistan Penal Code (PPC), read with sections 3/4 of the Anti-Money Laundering Act against all those mentioned in the FIRs.

Sugar probe report
Last year, a sugar inquiry commission, headed by FIA chief Wajid Zia and comprising officials from other institutions, was set up on the orders of Prime Minister Imran Khan to investigate the reasons behind the soaring price and shortage of the commodity in the country.

The commission's report, which was made public by the government in April, exposed multiple wrongdoings within the sugar industry and implicated key government and opposition political figures, including Tareen, PML-Q MNA Moonis Elahi, federal minister Khusro Bakhtiar and PML-N President Shehbaz Sharif's son.

The report detailed how over the years sugar mill owners had manipulated the market to make windfall profits amounting to billions of rupees, shedding light on the nexus between these owners and various government officials that led to unregulated practices bypassing laws and often exploiting the farmers.

It also revealed how the ‘sugar cartel’ comprising 88 mills had cheated sugarcane growers and consumers at every step starting from the procurement of cane, production of sugar, sale in the local market and export, all of which led to price hike of sugar as well as billions of rupees of tax evasion.

DAWN

Needs to have his day in court. Should not be treated any better than any other accused. Well done IK, only under you could a political ally be treated like anyone else.

 

[OMB]

Not parting ways with PTI, says Jahangir Tareen

Estranged PTI leader Jahangir Tareen said Wednesday that his loyalty to Prime Minister Imran Khan was being tested, but that he is not parting ways with the PTI.

Tareen was speaking to the media after he arrived at the banking court to attend his bail hearing. "Not one, not two but three FIRs have been registered against me," he said.

"Out of the 80 sugar mill owners, all they could see was Jahangir Tareen," he said, questioning why he was being subjected to "revenge".

The PTI leader said his "loyalty is being tested". He added that an inquiry against him, relating to the sugar crisis, has been going on for the last year.

He lamented that his accounts as well as those belonging to his son, Ali Tareen, had been frozen. "Why have my accounts been frozen? Who is doing this? Who benefits from this?" he asked.

Tareen said he was "asking for justice from Pakistan Tehreek-e-Insaf", adding that he was a friend, but is being "pushed towards enmity".

Tareen rejects reports he is meeting Zardari
In response to a question, Tareen said it was time to expose those involved in a conspiracy against him. He said PM Khan can expose the person who was hell-bent on exacting revenge against him.

Despite his grievances against the ruling party, Tareen said he was not parting ways with the PTI. "I am a member of the PTI and will remain so," he said.

When a reporter asked Tareen whether he was about to meet former president and PPP leader Asif Ali Zardari, he said the reports were not true.

Tareen to meet Zardari next week, may join PPP: Shehla Raza
Sindh Minister for Women Development Shahla Raza, who belongs to the PPP, on Tuesday deleted a tweet in which she speculated on the possibility of Tareen joining PPP during a meeting "next week" with Zardari in Karachi.

Raza had claimed Tareen had already met PPP's Makhdoom Ahmed Mahmood, and "it is believed he will meet Zardari" in Karachi.

"It is believed he will leave PTI and join PPP along with his aides during the meeting," she had tweeted.

"If such a thing happens, neither will Buzdar [remain in the government], nor will Niazi," the PPP leader had written.

Responding to Raza's statement, Tareen had said a "consistent propaganda" campaign is in place against him. "The reports of my meeting with PPP leaders are baseless."

"People spreading rumours against me will be disappointed," he added.

The development comes after the Federal Investigation Agency [FIA] sent notices to Tareen and his son, Ali Tareen, summoning them in multiple inquiries, on April 9.

FIA registers cases against Jahangir Tareen, son
Earlier this week, it was reported that FIA Lahore had registered a case of alleged fraud of Rs3.14 billion on March 22 against father-son duo.

The FIR states that Jahangir allegedly transferred illegal shares worth billions of rupees to Farooqi Pulp Mills Limited (FPML), which is owned by his son and close relatives.

It says the transfers, especially after 2011-12, were "patently fraudulent investments which ultimately translated into personal gains" for Jahangir's family. Some Rs3 billion were invested and laundered through the same factory.

Jahangir Tareen not as close to PTI now: Sheikh Rasheed
Earlier this month, Federal Interior Minister Sheikh Rasheed said Jahangir Tareen is now "far away" from the PTI.

The interior minister was talking about the PTI leader on Geo News programme Aapas ki Baat. He had said there is a major distance now between PTI, the government and Jahangir.

Asked about the inclusion of the names of Jahangir and his son Ali Tareen on the Exit Control List, Rasheed had said that he had not yet received any information on the matter.

https://www.geo.tv/latest/343820-not-parting-ways-with-pti-says-jahangir-tareen

 

[Mamoon]

JKT has learned the hard way how the fake messiah uses people before discarding him.

Imran is a beneficiary of corruption and black money. He used JKT as his personal ATM on the promise that he will return the favor by giving the head of the sugar mafia the Punjab CM post.

That did not happen because the SC disqualified JKT who looked towards Imran for support while Imran looked the other way.

Imran is now targeting him to make himself look good. The funny thing is that his supporters will lap it up and it as an example of Imran fighting corruption.

They will conveniently ignore that Imran himself is a beneficiary of JKT’s corruption.

The reality is that Imran would not be where he is today without JKT’s black money.

JKT is an immensely powerful person and he will not let the fake messiah get away easily. He will badly expose his hypocrisy in due time.

Imran should not have tried to mess with people who are aware of the skeletons Imran hide in his closet.

 

[OMB]

Can't even think of causing harm to PM Imran, says Jahangir Tareen

Pakistan Tehreek-e-Insaf (PTI) leader Jahangir Tareen on Thursday said he could not even think about "causing harm to Prime Minister Imran Khan".

Tareen also denied reports that the Pakistan People's Party (PPP) stalwart and leader of the opposition in the Senate Yousuf Raza Gilani had travelled on his plane.

"If Yousuf Raza Gilani used Makhdoom Ahmed Mahmood's plane, how is it my fault," the estranged PTI leader asked.

The PTI leader went on to add that he had been supporting the premier with honesty and sincerity.

"The government has been wrongly informed about the use of the plane," he said and claimed that PM's advisers Azam Khan and Shahzad Akbar were behind it.

"My record is clean and I can't even think about causing harm to the prime minister," he maintained.

On Wednesday, Tareen said those who were trying to "humiliate others" would soon be unveiled. “PTI’s top leadership should take this initiative now to unmask such elements," he was quoted as saying.

Lashing out at his party for resorting to subjecting him to a media trial, Tareen said that "it is regrettable that we are here seeking justice from the PTI."

He, however, denied that he was quitting the party, asking why his loyalty was being tested.

Yesterday, PTI Punjab leaders including MPAs accompanied the estranged party leader to a banking court where he sought extension in the pre-arrest bails granted to him and his son in the fraud cases filed by the Federal Investigation Agency.

https://tribune.com.pk/story/2293797/cant-even-think-of-causing-harm-to-pm-imran-says-jahangir-tareen

 

[Bewal Express]

[MENTION=131701]Mamoon[/MENTION]
Why is Shehla Raza claiming that JT is joining the PPP?

 

[MenInG]

LAHORE: Pakistan Muslim League Nawaz (PML-N) Punjab President Rana Sanaullah on Thursday said party leaders will deliberate every kind of possibility before reaching a decision if estranged PTI leader Jahangir Tareen contacts them to establish a possible alliance.

The move comes a day after the party demanded action against Tareen and others for their alleged role in the sugar scam.

Speaking to the media outside court premises, the PML-N leader said that watching Tareen arrive for his hearing flanked with MNAs and MPAs by his side succinctly depicted that he has the Punjab government in his right pocket and the federal in his left pocket.

He added that Tareen, who enjoys support of many more parliamentarians, has hinted that he can overthrow the incumbent PTI-led government.

“Tareen will not have to fly his plane all around the country to overthrow the government the way he did to form the incumbent government,” Sanaullah said.

He clarified that PML-N had no contact with Tareen. “If Tareen contacts our party then a political decision will be reached after consulting and assessing every kind of possibilities.”

Sanaullah said the same procedure will apply even if PML-Q leader and current Punjab Assembly Speaker Pervez Elahi approaches PML-N with the required numbers to send the Imran Khan government packing.

The former provincial law minister highlighted that during Tareen’s bail hearing, he claimed that his business transactions were being used against him.

“Irrespective of what Tareen has said about the Sharif family and their business transactions in the past despite knowing the legitimacy of their businesses, we would condemn any injustice meted out to him or any other businessman,” Sanaullah said.

The PML-N leader hinted that the prices of essential commodities will keep rising with the kind of investigation process being carried out against businessmen.

Earlier on April 8, PML-N Punjab Spokesperson Azma Bukhari had said that Tareen was trying to prove how powerful he is by being accompanied with MNAs and MPAs.

She urged Tareen to develop moral courage and ask parliamentarians enjoying his support to submit their resignations.

Bukhari also said Tareen should be prosecuted for his role in the prevailing matter and that she wishes to see the remaining “ATMs” within PTI to be prosecuted as well.

https://tribune.com.pk/story/2293823/pml-n-doors-not-shut-on-jahangir-tareen

 

[Bewal Express]

LAHORE: Pakistan Muslim League Nawaz (PML-N) Punjab President Rana Sanaullah on Thursday said party leaders will deliberate every kind of possibility before reaching a decision if estranged PTI leader Jahangir Tareen contacts them to establish a possible alliance.

The move comes a day after the party demanded action against Tareen and others for their alleged role in the sugar scam.

Speaking to the media outside court premises, the PML-N leader said that watching Tareen arrive for his hearing flanked with MNAs and MPAs by his side succinctly depicted that he has the Punjab government in his right pocket and the federal in his left pocket.

He added that Tareen, who enjoys support of many more parliamentarians, has hinted that he can overthrow the incumbent PTI-led government.

“Tareen will not have to fly his plane all around the country to overthrow the government the way he did to form the incumbent government,” Sanaullah said.

He clarified that PML-N had no contact with Tareen. “If Tareen contacts our party then a political decision will be reached after consulting and assessing every kind of possibilities.”

Sanaullah said the same procedure will apply even if PML-Q leader and current Punjab Assembly Speaker Pervez Elahi approaches PML-N with the required numbers to send the Imran Khan government packing.

The former provincial law minister highlighted that during Tareen’s bail hearing, he claimed that his business transactions were being used against him.

“Irrespective of what Tareen has said about the Sharif family and their business transactions in the past despite knowing the legitimacy of their businesses, we would condemn any injustice meted out to him or any other businessman,” Sanaullah said.

The PML-N leader hinted that the prices of essential commodities will keep rising with the kind of investigation process being carried out against businessmen.

Earlier on April 8, PML-N Punjab Spokesperson Azma Bukhari had said that Tareen was trying to prove how powerful he is by being accompanied with MNAs and MPAs.

She urged Tareen to develop moral courage and ask parliamentarians enjoying his support to submit their resignations.

Bukhari also said Tareen should be prosecuted for his role in the prevailing matter and that she wishes to see the remaining “ATMs” within PTI to be prosecuted as well.

https://tribune.com.pk/story/2293823/pml-n-doors-not-shut-on-jahangir-tareen

So for years the Nooras have claimed that JT was IKs atm and today they claimed he is innocent and want him to join them. [MENTION=131701]Mamoon[/MENTION] you have disappeared from this thread again. Is this halal,Is he innocent and you have been lying all along.

 

[Bewal Express]

[MENTION=131701]Mamoon[/MENTION]
This is your moment to celebrate, JT the most corrupt gut in PK is going to have his day in court. But your corrupt friends are claiming he is innocent and is being victimised and desperate for alliances.
Watch from 4.10, it's an eye opener.

 

[Slim]

There's a lot of desperation on this thread and it's actually quiet uncomfortable to see.

Felt second hand embarrassment for you [MENTION=131701]Mamoon[/MENTION]. You need to stop with your agendas. Learn to appreciate the good, and criticize the bad. Try to take an objective approach for once. I appreciate this step by Imran Khan - you wouldnt put FIA on your cash cow. Lets see how this turns out. Last time after sugar comission's report, JKT was allowed to run and hide. This time cases have been registered on him. Lets see if Khan is gaslighting or means business. I support him in this.

 

[Slim]

[MENTION=131701]Mamoon[/MENTION]
This is your moment to celebrate, JT the most corrupt gut in PK is going to have his day in court. But your corrupt friends are claiming he is innocent and is being victimised and desperate for alliances.
Watch from 4.10, it's an eye opener.

I dont like this anchor at all. He seems to be a lifafa tbh. However, i truly appreciate and support these actions and hopefully the likes of Zardari will see justice too.

 

[Bewal Express]

I dont like this anchor at all. He seems to be a lifafa tbh. However, i truly appreciate and support these actions and hopefully the likes of Zardari will see justice too.

Whether you like him or not, is irrelevant. The PPP have said that they are in negotiations for him to join them and Rana the Qatil and others are saying and said before they want an alliance. And his anecdote about Imran Shabaz claiming that JT was corrupt but doing nothing when they were in power has been pointed out by many.
Forget the useless and corrupt PDM bringing iK to his knees, this is the only game in town. JT has enough influence to bring him down. I want to him face his cases and prove himself innocent in court. As IK has said no to the NRO for all those facing cases and I dare JT to bring down IK.
The showdown with the mafia has to happen sooner or later. These crony capitalists are making billions through monopoly positions earnt through the use of illegal power.

 

[Mamoon]

Felt second hand embarrassment for you [MENTION=131701]Mamoon[/MENTION]. You need to stop with your agendas. Learn to appreciate the good, and criticize the bad. Try to take an objective approach for once. I appreciate this step by Imran Khan - you wouldnt put FIA on your cash cow. Lets see how this turns out. Last time after sugar comission's report, JKT was allowed to run and hide. This time cases have been registered on him. Lets see if Khan is gaslighting or means business. I support him in this.

The only embarrassment is for PTI supporters who have to clutch at straws to justify how Imran associating himself with JKT and taking advantage of his black money is consistent with the image and the manifesto that he and his party want to project.

Imran is a manipulator who exploits and uses people and then discards them when he no longer needs them.

People like JKT view Imran as an investment - they couldn’t give two hoots about the Naya Pakistan drama - they are only interested in what they can gain in return.

JKT did not join PTI because he believed in Imran; he joined PTI on the promise that he will get an important ministry.

Same goes for that fake pir SMQ and Pervez Khattak and all the others crooks and frauds who jumped on the PTI bandwagon.

JKT was going to be appointed the CM of Punjab before the Supreme Court barred him from holding public office. Since then, Imran has tried to get rid of him because he no longer served any purpose.

He is now targeting JKT to show that his anti-corruption and accountability drama has credibility. The reality is that he doesn’t care about the corruption and the accountability of those who benefit him.

PTI supporters talk about beneficiary of corruption, but Imran himself is the biggest beneficiary of corruption. He is where he is now because of the investment of the mafias.

Every few months, we hear about a new mafia and then we find out that the mafia is in bed with Imran.

Moreover, Imran is not the saint he claims to be. There is a reason why he keeps running away from the foreign funding case and his party has demanded secrecy in investigations.

Not to mention the luxury properties in NYC that her sister owns because of “sewing machines”.

PTI is full of corrupt people. There is no shortage of crooks and frauds - Imran ignores them as long as he benefits from them, and then he targets them to make himself look good.

He has taken this country for a ride and pulled wool over the eyes of million of people. Certainly the greatest conman this country has ever seen.

 

[Mamoon]

So for years the Nooras have claimed that JT was IKs atm and today they claimed he is innocent and want him to join them. [MENTION=131701]Mamoon[/MENTION] you have disappeared from this thread again. Is this halal,Is he innocent and you have been lying all along.

[MENTION=131701]Mamoon[/MENTION]
This is your moment to celebrate, JT the most corrupt gut in PK is going to have his day in court. But your corrupt friends are claiming he is innocent and is being victimised and desperate for alliances.
Watch from 4.10, it's an eye opener.

Are you really this naive?

JKT is one of the richest and most powerful people in the country with 20 years of political experience.

He is an asset for every party and that is why the fake messiah associated himself with him when he was fully aware of the reality of JKT and how big a fraud he really is.

He associated himself with JKT to exploit his black money. He zoomed around in his jets and used him as his financier while fooling his gullible supporters with his anti-corruption and accountability mantra.

If Imran had a shred of credibility, he would not have associated himself with JKT and the various other mafias that are in bed with him.

Both PMLN and PPP will do everything they can to support JKT in order to coerce him to join their party. It is now a two horse race and JKT will weigh his options carefully because he is not going to ignore how Imran used him for personal gain and then discarded him.

JKT will have his vengeance one way or the other. He will keep supporting him in the media in order to win sympathy from the public, but he will make his move from behind the curtains.

Imran should not have messed with someone like JKT. He knows Imran’s dirty secrets and how big of a con-artist he actually is. He was a close ally for 10 years and knows how Imran has pulled wool over the eyes of the nation.

As they say, keep your friends close but your enemies closer, and Imran has made an enemy of JKT.

 

[WhenSultansBowled]

Are you really this naive?

JKT is one of the richest and most powerful people in the country with 20 years of political experience.

He is an asset for every party and that is why the fake messiah associated himself with him when he was fully aware of the reality of JKT and how big a fraud he really is.

He associated himself with JKT to exploit his black money. He zoomed around in his jets and used him as his financier while fooling his gullible supporters with his anti-corruption and accountability mantra.

If Imran had a shred of credibility, he would not have associated himself with JKT and the various other mafias that are in bed with him.

Both PMLN and PPP will do everything they can to support JKT in order to coerce him to join their party. It is now a two horse race and JKT will weigh his options carefully because he is not going to ignore how Imran used him for personal gain and then discarded him.

JKT will have his vengeance one way or the other. He will keep supporting him in the media in order to win sympathy from the public, but he will make his move from behind the curtains.

Imran should not have messed with someone like JKT. He knows Imran’s dirty secrets and how big of a con-artist he actually is. He was a close ally for 10 years and knows how Imran has pulled wool over the eyes of the nation.

As they say, keep your friends close but your enemies closer, and Imran has made an enemy of JKT.

This is some disturbing amount of mental gymnastics.

"messiah"

 

[Bewal Express]

Are you really this naive?

JKT is one of the richest and most powerful people in the country with 20 years of political experience.

He is an asset for every party and that is why the fake messiah associated himself with him when he was fully aware of the reality of JKT and how big a fraud he really is.

He associated himself with JKT to exploit his black money. He zoomed around in his jets and used him as his financier while fooling his gullible supporters with his anti-corruption and accountability mantra.

If Imran had a shred of credibility, he would not have associated himself with JKT and the various other mafias that are in bed with him.

Both PMLN and PPP will do everything they can to support JKT in order to coerce him to join their party. It is now a two horse race and JKT will weigh his options carefully because he is not going to ignore how Imran used him for personal gain and then discarded him.

JKT will have his vengeance one way or the other. He will keep supporting him in the media in order to win sympathy from the public, but he will make his move from behind the curtains.

Imran should not have messed with someone like JKT. He knows Imran’s dirty secrets and how big of a con-artist he actually is. He was a close ally for 10 years and knows how Imran has pulled wool over the eyes of the nation.

As they say, keep your friends close but your enemies closer, and Imran has made an enemy of JKT.

So what you are saying is that its halal for the Nooras and PPP to ask him to join So that mafia hold sway and keep a hold on PK but its haraam for IK to join with him to destroy the mafia. Please answer this simple point because the rest is just simple rubbish as usual.

 

[Bewal Express]

This is some disturbing amount of mental gymnastics.

"messiah"

He doesn't know what angle to take in his confusion. IK has do as he promised and taken in the mafia and this loaer doesn't what to say.

 

[Bewal Express]

Are you really this naive?

JKT is one of the richest and most powerful people in the country with 20 years of political experience.

He is an asset for every party and that is why the fake messiah associated himself with him when he was fully aware of the reality of JKT and how big a fraud he really is.

He associated himself with JKT to exploit his black money. He zoomed around in his jets and used him as his financier while fooling his gullible supporters with his anti-corruption and accountability mantra.

If Imran had a shred of credibility, he would not have associated himself with JKT and the various other mafias that are in bed with him.

Both PMLN and PPP will do everything they can to support JKT in order to coerce him to join their party. It is now a two horse race and JKT will weigh his options carefully because he is not going to ignore how Imran used him for personal gain and then discarded him.

JKT will have his vengeance one way or the other. He will keep supporting him in the media in order to win sympathy from the public, but he will make his move from behind the curtains.

Imran should not have messed with someone like JKT. He knows Imran’s dirty secrets and how big of a con-artist he actually is. He was a close ally for 10 years and knows how Imran has pulled wool over the eyes of the nation.

As they say, keep your friends close but your enemies closer, and Imran has made an enemy of JKT.

The Sugar mafia controls PK and as you say JT is an enemy now. Let him show some balls and bring a vote of confidence. You rather live like lion for a day rather a 1000 Years as a donkey.

 

[MenInG]

As the Federal Investigation Agency continues to probe the sugar crisis in the country, the bank accounts of Jahangir Tareen — who owns the JDW Sugar Mills — as well as his family members, have been frozen.

Sources informed Geo News that nine banks in total, both government and private, have frozen 36 accounts belonging to Tareen and his family.

The sources said that the accounts were frozen at the request of FIA Lahore and in connection with the Tareen-owned JDW group's alleged money laundering, illegal trade of shares, fraud, and association with the mafia engaging in "satta" (price-fixing through collusion).

Sources added that of the bank accounts, four are US dollar accounts, two are British pound accounts and 30 are Pakistani rupee accounts.

According to a list obtained by Geo News, 21 of the bank accounts belong to Jahangir Tareen's son, Ali Tareen, 14 belong to Jahangir Tareen himself, and one belongs to his wife Amina Tareen.

The sources said that the frozen bank accounts contain "tens of millions of rupees".

GEO

 

[Bewal Express]

As the Federal Investigation Agency continues to probe the sugar crisis in the country, the bank accounts of Jahangir Tareen — who owns the JDW Sugar Mills — as well as his family members, have been frozen.

Sources informed Geo News that nine banks in total, both government and private, have frozen 36 accounts belonging to Tareen and his family.

The sources said that the accounts were frozen at the request of FIA Lahore and in connection with the Tareen-owned JDW group's alleged money laundering, illegal trade of shares, fraud, and association with the mafia engaging in "satta" (price-fixing through collusion).

Sources added that of the bank accounts, four are US dollar accounts, two are British pound accounts and 30 are Pakistani rupee accounts.

According to a list obtained by Geo News, 21 of the bank accounts belong to Jahangir Tareen's son, Ali Tareen, 14 belong to Jahangir Tareen himself, and one belongs to his wife Amina Tareen.

The sources said that the frozen bank accounts contain "tens of millions of rupees".

GEO

Come what may, but IK has for the 1st time made the mafia sweat. Even the Millitary dictators couldn't lay a hand and here is IK with a minority govt showing that ain't backing down from these thugs. JT and the mafia will bring down IK but let no claim that the everyone is scared of them. IK has shown the balls that no one in modern PK has. Kaptaan we salute you.

 

[Bewal Express]

For all those idiots that thought IK was just making excuses and using some mythological Mafia. Well watch this.

 

[Mamoon]

So what you are saying is that its halal for the Nooras and PPP to ask him to join So that mafia hold sway and keep a hold on PK but its haraam for IK to join with him to destroy the mafia. Please answer this simple point because the rest is just simple rubbish as usual.

Only PTI cult-followers believe this nonsense that Imran joined hands with JKT so that he could destroy the mafia.

People who don’t live in Niazi world do not buy this baloney.

The fact is that Imran aligned with JKT because he needed a rich man to invest in his party, and JKT did not align with Imran because he believed in the Naya Pakistan drama; he aligned with him because he saw Imran as an investment.

PTI is full of corrupt people and crooks, and Imran is in bed with many mafias. His anti-corruption stance is a drama - he is a beneficiary of corruption and has fooled his supporters.

It is halal for PMLN and PPP because they do not do “me me me” all the time and are not self-righteous. Imran hyped himself up as a messiah and savior of Pakistan and sold the Naya Pakistan dream which was built on the black money of mafias.

 

[Bewal Express]

Only PTI cult-followers believe this nonsense that Imran joined hands with JKT so that he could destroy the mafia.

People who don’t live in Niazi world do not buy this baloney.

The fact is that Imran aligned with JKT because he needed a rich man to invest in his party, and JKT did not align with Imran because he believed in the Naya Pakistan drama; he aligned with him because he saw Imran as an investment.

PTI is full of corrupt people and crooks, and Imran is in bed with many mafias. His anti-corruption stance is a drama - he is a beneficiary of corruption and has fooled his supporters.

It is halal for PMLN and PPP because they do not do “me me me” all the time and are not self-righteous. Imran hyped himself up as a messiah and savior of Pakistan and sold the Naya Pakistan dream which was built on the black money of mafias.

What a crock of rubbish. Do you actually read what you write. So if i understand this correctly you are angry that IK used JT to get into power to change PK for the better and brjng everyone under the law of the land but its OK for the mafia to work with him to stop IK. Seriously, you are bitter that IK is keeping his promise. JT may or may not have wanted to use IK but IK has kept his promise to PKs that no one is above of the law
No Millitary govt has taken on the mafia but the great Kaptaan has taken them on with a minority govt. As we saw with your support of the PDM you are are like groupie attracted to powerful men and the bigger the crook the more you support them. No morals, no balls

 

[MenInG]

LAHORE: The Federal Investigation Agency (FIA) on Friday grilled former secretary general of the ruling Pakistan Tehreek-i-Insaf (PTI) and sugar baron Jahangir Tareen and his son Ali Tareen on the money laundering and fraud charges in the sugar scam and got 36 bank accounts of his (Tareen) and his family members frozen.

As Prime Minister Imran Khan was also in Lahore, sources said he was assured during a discussion with Punjab Chief Minister Usman Buzdar on the PTI lawmakers, who had accompanied Mr Tareen to court recently to express solidarity with him, that the group would lose their political clout once his bail was cancelled and he was taken into custody.

The FIA would seek cancellation of their bail from court on Saturday (today) to arrest the father and son, an official source said.

Unlike his appearance before a special court for banking offences for the extension of his pre-arrest bail a few days ago when some PTI lawmakers, including a Punjab minister, accompanied him showing his ‘political power’, Mr Tareen chose to visit FIA’s Lahore headquarters alone on Friday and threw a dinner for around two dozen party lawmakers, including two ministers, at his residence in the evening.

During his visit to the FIA office, his legal team was with him but it remained outside as a five-member team, headed by FIA (Lahore) Director Mohammad Rizwan, quizzed Mr Tareen for 90 minutes regarding allegations of sugar price manipulation, money trail and money laundering against him. Separately, his son Ali also responded to the investigators’ queries for over an hour.

Talking to Dawn, an official source said: “As both the father and son could not provide a money trail of Rs4.35bn related to the sale of JKFSL’s sugarcane business assets and liabilities, and [could not] offer satisfactory reply regarding [it] and some other business transactions and money laundering charges, the FIA has decided to seek cancellation of their bail from the court on Saturday [today] to arrest them.”

The official said the FIA also got 36 bank accounts of Mr Tareen and his family members frozen. “Response of Mr Tareen to most queries was evasive. The father and the son could not also provide relevant record of business transactions as most record was missing,” he reasoned.

The sources said action against the old friend of Mr Khan, also called kingmaker by some ruling PTI members, was being taken after the prime minister had given the go ahead. The FIA also summoned the heads of finance and sales of Indus Sugar Mills, Rajanpur, of PTI MNA Nasrullah Darashik for April 15.

The sources privy to the meeting between PM Khan and CM Buzdar said a discussion was also held on the PTI MNAs and MPAs who had accompanied Mr Tareen to the court to express solidarity with him. The meeting, they said, was assured that the group would lose any clout once Mr Tareen was arrested following the cancellation of his bail, probably on Saturday (today).

Raja Riaz, provincial minister Nauman Langrial, Ghulam Bibi Bharwana, Nazir Baloch, Suleman Naeem, Khurram Leghari, Aslam Bharwana, Ameer Mohammad Khan and Tahir Randhawa were among those who had pledged their loyalty to the former secretary general of the PTI and sought ‘justice’ for him from Mr Khan.

“PM Khan has been told about the ‘exact number’ of those PTI lawmakers who are standing with Mr Tareen. However, Mr Khan seems to be in no hurry to initiate any action against them [despite] knowing that this may bring further trouble for him,” a PTI insider said.

“For Mr Tareen, time is running out fast to explore other political options for him,” he said, adding Mr Tareen still enjoyed ‘good relations’ with the establishment that was why a good number of PTI lawmakers were firmly standing behind him. “The powers that be will not wish to let ‘this important asset’ wasted so easily,” he remarked.

Earlier, Mr Tareen had warned his party chairman not to make him his enemy. “I remained silent for one year. What else is required to prove my loyalty to the party? I was a friend. Why am I being pushed towards enmity?” he had asked.

In the meantime, the FIA wrote to the State Bank of Pakistan to freeze the bank accounts of Mr Tareen and his family members. “On this, 36 of their banks accounts have been frozen,” the official said.

The FIA investigators asked Mr Tareen, being then CEO of JDW Sugar Mills, if he intentionally defrauded 1,200 public shareholders. “By purchasing sugarcane business of your family’s company (JK Farming Systems Ltd / JKFSL: CEO Ali Khan Tareen) through suppressing ‘fair value’ evaluation resulting in payment of (an exorbitant, non-arms length & premeditated price) Rs4.358bn from JDW’s funds (under your fiduciary control as CEO JDW) to JKFSL; thereby transferring financial gains (crime-proceeds) to your family at the cost of public shareholders.”

The FIA asked him as the CEO of JDW what due-diligence measures (provide evidence) he took in determining that Rs4.35bn was a fair-value? “As CEO JDW did you inform BOD that JKFSL was a loss-making entity with accumulated losses of Rs326 million (FY ending 30th April 2013)? What was the rationale behind assuming high per-acre yields & high sugar cane rates (in connivance with JDW/JKFSL’s management) thereby inflating Rs2.135 billion historical value of JKFSL’ standing crops (biological assets to Rs2.94 billion in the name of far value adjustment) without engaging any agricultural expert?”

The official source said: “There was no answer to these specific questions.”

Meanwhile, the National Accountability Bureau (NAB) also summoned former prime minister Nawaz Sharif’s close aide Javed Kiyani for the sugar crisis probe. According to Geo News, Kiyani is currently the vice chairman of the Pakistan Sugar Mills Association and was a co-accused with the ex-premier in the Hudaibya Paper Mills case.

Published in Dawn, April 10th, 2021

 

[MenInG]

A Lahore banking court on Saturday extended the interim bail of Jahangir Tareen and his son, Ali Tareen, till April 17 in the sugar scandal case and sought arguments from the Federal Investigation Agency (FIA) ​​and other parties on the jurisdiction.

The district and sessions court also extended the interim bail of both till April 22.

Banking Court Judge Ameer Muhammad Choudhry heard Jahangir and his son’s petition for extension in the interim bail wherein the FIA prosecutor prayed that “this court does not have the jurisdiction in Tareen’s cases”.

He further prayed that bank accounts of employees of Tareen's sugar mills were used for money laundering.

The counsel representing Tareen said that the defendant would present some more documents to the investigating officer next week whereas Jahangir Tareen and Ali Tareen had joined the investigation as well.

The Tareens were accompanied by a large number of lawmakers and others on the occasion.

While speaking to the media, Jahangir said that the inquiry against him was not transparent and therefore an impartial committee should be formed for the investigation.

Earlier on April 4, the estranged PTI leader and his son were granted bail by the Lahore district and sessions court in three different FIRs registered against them by the FIA.

The first FIR was registered under sections 406 (criminal breach of trust), 420 (cheating of public shareholders) while the second under 109 of the Pakistan Penal Code (PPC), read with sections 3/4 of the Anti-Money Laundering Act.

It was stated in the third FIR that Tareen fraudulently misappropriated the money of shareholders after his company (JDW group) transferred Rs3.14 billion to an associated private company identified as Farooqi Pulp Private Limited (FPML). The FIR also stated that the private company is owned by his sons and close relatives.
https://tribune.com.pk/story/2294005/jahangir-tareen-son-get-bail-extension-in-sugar-scandal-case

 

[MenInG]

LAHORE: Embattled PTI stalwart Jahangir Tareen, who is facing multiple cases, has called for a “fair team” to investigate his case as he believes that the officers investigating him are “controversial”.

“[Hold an] inquiry but make a transparent team that is not controversial. The team that is [currently] investigating is not fair,” Jahangir Tareen told the media after making appearances before sessions and banking courts for extension in his bail.

The PTI stalwart further demanded that the team, investigating him, should not be such that they “work on a phone call” and called for a new team to investigate him. He claimed that the FIR against him was “made in Islamabad” and was signed in Lahore after it was sent to the provincial capital in a “USB”.

Read more: Stop the smear campaign, future sales are normal business activity, says Jahangir Tareen

He repeated that the probe should be fair and transparent. He added that he was not running away from the law and will “never” do so.

During the media talk, he, once again, dismissed the claims that he was leaving the ruling party.

“We are the party and we will remain in it. If we don’t stay then where will we go,” asked Tareen. He vowed that he will be “vindicated” by the courts.

He also thanked the PTI MPAs, MNAs and ministers that came to support him during the hearing.

GEO

 

[Bewal Express]

LAHORE: Embattled PTI stalwart Jahangir Tareen, who is facing multiple cases, has called for a “fair team” to investigate his case as he believes that the officers investigating him are “controversial”.

“[Hold an] inquiry but make a transparent team that is not controversial. The team that is [currently] investigating is not fair,” Jahangir Tareen told the media after making appearances before sessions and banking courts for extension in his bail.

The PTI stalwart further demanded that the team, investigating him, should not be such that they “work on a phone call” and called for a new team to investigate him. He claimed that the FIR against him was “made in Islamabad” and was signed in Lahore after it was sent to the provincial capital in a “USB”.

Read more: Stop the smear campaign, future sales are normal business activity, says Jahangir Tareen

He repeated that the probe should be fair and transparent. He added that he was not running away from the law and will “never” do so.

During the media talk, he, once again, dismissed the claims that he was leaving the ruling party.

“We are the party and we will remain in it. If we don’t stay then where will we go,” asked Tareen. He vowed that he will be “vindicated” by the courts.

He also thanked the PTI MPAs, MNAs and ministers that came to support him during the hearing.

GEO

JT has to face his cases. Serious allegations have been made and he along with all the others have to face their charges. IK has kept his promise that no one is above the law. Well done Kaptaan

 

[MenInG]

MULTAN: Foreign Minister Shah Mahmood Qureshi has said that if Jahangir Tareen has any concerns, he should meet Prime Minister Imran Khan.

Talking to the media in Multan on Saturday, Qureshi said that members of the national and provincial assemblies are bound by the decision of Imran Khan. He said independent members submitted affidavits and started sitting on PTI benches in the assembly.

Qureshi said that 17 sugar mills have received notices and only one of them belongs to Tareen. "If Jahangir Tareen has any concern, he should meet the Prime Minister. We will listen to everything Tareen says," Qureshi said.

Read more: Jahangir Tareen wants 'fair team' with non-controversial officers to investigate him

The foreign minister said that none of the PTI members were going to any other party. "When I had a disagreement with the PPP, I left my seat and resigned," he said.

Qureshi's statements came shortly after Tareen, who is facing multiple cases, called for a “fair team” to investigate his case as he believes that the officers investigating him are “controversial”.

“[Hold an] inquiry but make a transparent team that is not controversial. The team that is [currently] investigating is not fair,” Tareen told the media after making appearances before sessions and banking courts for extension in his bail.

The PTI stalwart further demanded that the team, investigating him, should not be such that they “work on a phone call” and called for a new team to investigate him. He claimed that the FIR against him was “made in Islamabad” and was signed in Lahore after it was sent to the provincial capital in a “USB”.

Read more: Stop the smear campaign, future sales are normal business activity, says Jahangir Tareen

He repeated that the probe should be fair and transparent. He added that he was not running away from the law and will “never” do so.

During the media talk, he, once again, dismissed the claims that he was leaving the ruling party.

“We are the party and we will remain in it. If we don’t stay then where will we go,” asked Tareen. He vowed that he will be “vindicated” by the courts.

He also thanked the PTI MPAs, MNAs and ministers that came to support him during the hearing.

 

[MenInG]

Pakistan Muslim League Nawaz Secretary General Ahsan Iqbal said the Jahangir Khan Tareen crisis was created to dislodge Punjab Chief Minister Usman Buzdar, adding the prime minister was under immense pressure to replace the provincial chief.

Addressing a press conference in Lahore on Saturday, the PML-N stalwart said, “Prime Minister Imran Khan’s victimisation tactics on opposition as well as government’s supporters reveal the premier wants all businessmen to transfer their money abroad. And this will destroy the investment and business opportunities in the country.”

He lashed out at the governance of the Pakistan Tehreek-e-Insaf (PTI)-led federal government and said the biggest threat to the country was from the ‘mafia of incompetence’. “Tareen will get the similar kind of justice as cricketer Majid Khan received. The cricketer brought PM Imran into the Pakistan team and paid the price by losing his position of the captain,” Iqbal said, adding the premier always “stabs in the back of his benefactors”.

Responding to a question on the possibility of joining hands with the disgruntled PTI leader to dislodge the government, he said Tareen had not approached the PML-N so far. He however clarified that the PML-N would only become a part of the process that paved the way for holding fresh elections forthwith. Until recently, the PML-N was demanding action against Tareen and accused him of making billions in the sugar scam.

Meanwhile, the opposition party had also coined the term ATM for the PTI leader currently facing probe into sugar scandal. However with the inquiry drawing the two, Prime Minister Imran Khan and his loyal friend Tareen apart, the PML-N took a U-turn from his stance and voiced its concerns in support of Tareen.

Express Tribune

 

[MenInG]

The Federal Investigation Agency (FIA) on Monday sought record from Jahangir Tareen regarding his farmlands, machinery and overseas properties. The investigation agency has given him till April 13 (tomorrow) to file the document.

According to Express, the FIA ​​ sent an eight-point questionnaire to the estranged PTI leader in which he was directed to provide answers regarding the property, which the investigative body had sought from August 2020.

The FIA said Tareen can submit the answers by appearing in person or through the company secretary. Tareen has promised to answer these questions on Friday (April 16).

The FIA also asked for the submission of original receipts for the purchase of all machinery of JK farms and proof (of purchase) of an estimated 35,000 acres of land.

Furthermore, the FIA directed Tareen to submit a bank report in this regard and a money trail of properties purchased in the UK.

Read more: 'PML-N doors not shut on Jahangir Tareen'

Earlier on April 9, it was reported that on the request of the FIA 36 bank accounts belonging to estranged PTI leader and his family were frozen in connection with the probe into the sugar scandal.

Sources in the State Bank said the family had these accounts in nine banks, both government and private.

They added that 21 of these accounts belong to the former PTI general secretary’s son, Ali Tareen. Fourteen of them belong to the estranged PTI leader himself and one to his wife.

Four of them are US dollar accounts, two British pounds and the remaining of local currency. The sources added that there are “tens of millions of rupees” in the frozen accounts.

Express Tribune

 

[Bewal Express]

Pakistan Muslim League Nawaz Secretary General Ahsan Iqbal said the Jahangir Khan Tareen crisis was created to dislodge Punjab Chief Minister Usman Buzdar, adding the prime minister was under immense pressure to replace the provincial chief.

Addressing a press conference in Lahore on Saturday, the PML-N stalwart said, “Prime Minister Imran Khan’s victimisation tactics on opposition as well as government’s supporters reveal the premier wants all businessmen to transfer their money abroad. And this will destroy the investment and business opportunities in the country.”

He lashed out at the governance of the Pakistan Tehreek-e-Insaf (PTI)-led federal government and said the biggest threat to the country was from the ‘mafia of incompetence’. “Tareen will get the similar kind of justice as cricketer Majid Khan received. The cricketer brought PM Imran into the Pakistan team and paid the price by losing his position of the captain,” Iqbal said, adding the premier always “stabs in the back of his benefactors”.

Responding to a question on the possibility of joining hands with the disgruntled PTI leader to dislodge the government, he said Tareen had not approached the PML-N so far. He however clarified that the PML-N would only become a part of the process that paved the way for holding fresh elections forthwith. Until recently, the PML-N was demanding action against Tareen and accused him of making billions in the sugar scam.

Meanwhile, the opposition party had also coined the term ATM for the PTI leader currently facing probe into sugar scandal. However with the inquiry drawing the two, Prime Minister Imran Khan and his loyal friend Tareen apart, the PML-N took a U-turn from his stance and voiced its concerns in support of Tareen.

Express Tribune

So the Nooras now support JT. So [MENTION=131701]Mamoon[/MENTION] you lied again.

 

[Savak]

So the Nooras now support JT. So [MENTION=131701]Mamoon[/MENTION] you lied again.

All corrupt businessmen, the establishment become Halal for the PML-N and PPP when they support them

 

[Last Monetarist]

https://www.dawn.com/news/1617864/fia-launches-probe-into-foreign-assets-of-tareen-his-family

The Federal Investigation Agency (FIA) has launched a probe into foreign properties of the ruling Pakistan Tehreek-i-Insaf’s estranged leader Jahangir Khan Tareen, directing him to provide it with complete detail and money trail in this regard on Tuesday (today) without failing.

“It appears every time Mr Tareen shows a good number of PTI lawmakers with him, he invites more trouble in the form of FIA action. So far the open support of some 30 PTI lawmakers -- 22 MPAs and eight MNAs -- has not proved fruitful as those close to Prime Minister Imran Khan managed to give Mr Tareen’s move colour of blackmail,” a source in the PTI told Dawn on Monday.

These lawmakers last week had formally submitted a request to the premier to give them an audience on a single-point agenda -- “no victimisation of Mr Tareen”.

“Imran Khan has so far shown no intention to meet with these rebel lawmakers as he never succumbs to any pressure from anyone,” he said and added that “Tareen saga” had more layers to unfold.

On Monday, the FIA directed Mr Tareen to either appear in person or send his chief financial officer to submit the record of his and his family members’ foreign assets and the money trail. The FIA sought detail of his family-owned 12-acre Hyde-House in Newbury, Hampshire, UK.

It also asked him to provide a complete detail of his and his family members’ assets anywhere in the world. “Whether these assets have been declared in the FBR or not? The details should include a complete description of assets, location, mode and cost of acquisition, along with a money trail,” a call-up notice to Mr Tareen said.

The agency has also sought from him the detail of independent valuation report of JKFSL assets, annual audited financial statement of JDW, detail of 35,000 acres of JKFSL farms and utilisation of Rs3.14bn JDW’s advances – converted into JDW’s equity investments – to FMPL.

The FIA warned Mr Tareen that “non-compliance of this call-up notice and continued failure to produce the relevant record, despite repeated requests since August 2020, will entail that the omission is deliberate and investigation will proceed on the basis of documentary evidence available on record.”

The FIA last month had registered two FIRs against Jahangir Tareen and his son Ali Tareen under Rs5 billion money laundering and fraud charges in the sugar ‘scam’. Both are on interim bail till April 17.

Punjab chief minister’s aviser Abdul Haye Dasti disclosed on Monday that some elements wanted “arrest of Tareen at any cost”. “WhatsApp messages are coming, demanding that Mr Tareen should be behind bars at any cost,” he told a private TV channel. Naming adviser to the premier, Shahzad Akbar and Principal Secretary to PM Azam Khan in this episode, Dasti said: “Everyone has a problem with the duo”.

Talking to reporters, PML-N vice president Maryam Nawaz said: “Imran Khan could not see the sugar mafia when he was using money and plane of Mr Tareen, and now he is accusing the sugar baron of scam.”

Earlier, Mr Tareen had called for a transparent inquiry into the allegations of fraud and money laundering against him.

“Form a fair and noncontroversial investigation team, which could meet the requirements of justice and doesn’t follow instructions given to it on telephone calls,” the PTI’s former secretary general had demanded and alleged that the FIRs against him were originally drafted in Islamabad and later handed over to the investigation team in Lahore through a USB flash drive.