The top investigation agency of Pakistan revealed that an amount of over PKR 787 million was deposited and then withdrawn from an undeclared account, allegedly maintained by the former Pakistan Prime Minister Imran Khan’s party Pakistan Tehreek-e-Insaf (PTI) with a now-defunct bank.
The development comes after the Federal Investigation Agency (FIA) unearthed three hidden PTI accounts which were used to funnel huge amounts into Pakistan from abroad.
According to Pakistan’s local media outlet, these accounts were used for transferring funds from the Wootton Cricket Club.
Imran Khan’s party PTI is under the scanner in foreign funding controversy, a document obtained by the FIA from the defunct bank, reveals that the PTI had officially authorized four individuals to operate the account, Dawn reported.
The list of names includes Fariduddin Ahmed, who came to prominence after the release of the Pandora Papers regarding the offshore holdings and potential tax evasion by bigwigs, released by the International Consortium of Investigative Journalists in October of last year, the Dawn reported.
In the disclosures, it emerged that two offshore companies, namely Hawk Field Limited and Lock Gate Investment, were registered in the name of Ahmed. Documents showed his address in Pakistan as 2-Zaman Park, Lahore; the residence of PTI chairman Imran Khan.
At the time, Imran Khan’s close aid Shahbaz Gill had denied Khan’s association with Ahmed, claiming that neither the PTI chief knew the man personally, nor had he ever met him.
Later, Ahmed also denied any link between Khan and his offshore companies but said that both he and Imran Khan had a shared Burki heritage, Dawn reported.