Money laundering case: Moonis Elahi's assets, bank accounts seized

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Moonis Elahi
Following the court order, the Federal Investigation Agency (FIA) froze the properties and bank accounts of former federal minister Moonis Elahi – son of PTI President Parvez Elahi – in a money laundering case.

Following court orders to investigate alleged money laundering activities, the FIA has frozen multiple bank accounts and properties linked to Moonis Elahi.

The investigation revealed that Moonis Elahi had a total of eight bank accounts in Lahore, all of which have now been frozen by the FIA. According to official documents, more than Rs 487.6 million had been transacted through these accounts.

Moonis Elahi also reportedly withdrew all the funds from the frozen bank accounts prior to FIA’s action. FIA has secured documents detailing the transactions, shedding light on the extent of the alleged financial misconduct.

All bank accounts belonging to Moonis, that are believed to have been used by Moonis Elahi for both depositing and withdrawing money have been frozen. Officials suspect that these accounts played a pivotal role in facilitating the alleged money laundering activities under investigation.

Apart from the freezing of bank accounts, the FIA has targeted multiple properties linked to Moonis Elahi. A total of six properties have been seized, with five in Kasur and one in Rawalpindi. Documents obtained during the investigation suggest that these properties were acquired through channels connected to money laundering.

FIA officials emphasised that the legal action taken against Moonis Elahi, freezing both bank accounts and properties, was carried out in strict accordance with court orders. The investigation is ongoing, and authorities are determined to uncover the full scope of the alleged money laundering network involving Moonis Elahi.

Earlier, on Friday, an Accountability Court in Lahore issued a written order, declaring Moonis Elahi an ‘absconder’ in corruption cases.

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