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Names of Zardari and sister placed on ECL: Interior Ministry

Press Trust of India  |  Islamabad 

The names of former and his sister Faryal Talpur, allegedly involved in the Rs 35 billion scam, have been placed on the (ECL) on the Supreme Court's orders, the said today.

The directives, ahead of the July 25 general elections, were issued to the by the apex court in connection with a case concerning an investigation into fake accounts and fictitious transactions worth billions conducted through several mainstream banks, Dawn newspaper reported.

The fake accounts were allegedly used for channelling funds received through heavy bribes and kickbacks.

Seven individuals, including and Talpur, were allegedly involved in using certain for suspicious transactions totalling Rs 35 billion, the report said.

Persons put on the ECL are prohibited from leaving

Zardari, 62, is the former of People's Party. He served as the 11th of Pakistan from 2008 to 2013.

The apex court had ordered the to place the names of all suspected beneficiaries - including and Talpur - and accused persons identified in the case on the ECL, so that they may not leave the country.

The said that the had directed the ministry to place Zardari and Talpur's names on the ECL on Monday, and that the ministry had complied with the orders.

Since 2015, the has been probing suspicious transactions made through 29 'benami' accounts 16 of which were held in the Summit Bank, eight in the and five in the United Bank Limited.

Zardari's close friend and former Pakistan Stock Exchange Hussain Lawai, along with Summit Bank's Taha Raza, have been taken into FIA custody in connection with the case.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 20:20 IST