LAHORE : A ‘corporate fraud case’ has been registered against PTI leader Jahangir Tareen and his son Ali Tareen.
The corporate crime circle of the Federal Investigation Agency (FIA)., Lahore, has registered the ‘fraud case’ involving Rs4.3 billion against the PTI leader and his son.
According to the first information report (FIR), Tareen had illegally transferred billions of rupees to JKT Farming System Company from the JDW Mills.
It alleged that the PTI leader had transferred the shares of a public company without informing the partners to his son’s firm.
The FIR further said that Jahangir Tareen and his son Ali Tareen had frauduntly laundered Rs4.35 billion during 2013. The PTI leader had reportedly laundered over Rs660 million in the name of a former milk man, Zubair, of Jahangir Tareen Farming System.
