RAWALPINDI: The court on Friday convicted Osama Ali of seven-year jail in connection with money laundering case, ARY News reported.
As per details, the special judge central Rawalpindi announced the verdict in the money laundering case. The court has also imposed a fine of Rs 2 million and ordered to confiscate all the property he bought from money laundering.
These cases were registered against the allegedly accused Osama Ali in 2020 and 2021. He was accused of trapping people in Canadian immigration and defrauding them for Rs 48 million.
Read more: RS9B MONEY LAUNDERING: FBR NOMINATES BATTERY COMPANY S OWNER, OTHERS
Earlier, the Federal Board of Revenue (FBR) nominated 10 accused including a local battery company s owner in an Rs9 billion money laundering case.
The FBR s Directorate of Internal Audit (Southern Region) – Inland Revenue Karachi traced money launderers who misused a differently-abled person s bank accounts for the alleged financial crime.
FBR nominated 10 more accused including a local battery company s owner in the case. Sources revealed that the company owners had established a fake company by using the name of a differently-abled person.
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