[Video] No Money-Laundering Found: FIA Clears Gen Bajwa's Relative Sabir Hameed
The article reports on the FIA's decision to clear Sabir Hameed, a close relative of former army chief General Qamar Javed Bajwa, of any money-laundering charges. The article provides the details of the FIA's inquiry and the evidence provided by Hameed to prove his innocence. The article also quotes Hameed's statement denying any wrongdoing and thanking the FIA for its fairness.
FIA clears Gen Bajwa's relative in money-laundering case
The Federal Investigation Agency (FIA) has given a clean chit to Sabir Hameed, also known as Mithu, a close relative of former army chief General Qamar Javed Bajwa, in a money-laundering case. The FIA closed an inquiry against the well-known businessman as no evidence in support of allegations leveled against him by his opponents was found.
Hameed is associated with a big property business and he appeared before the FIA investigators and provided them with all the documents, including tax returns till the financial year 2022, bank statements, details of domestic and foreign property, vehicles, off-shore companies etc. Sources close to him said that the former army chief’s close relative was summoned by FIA for the first time on October 23, 2023. They said Hameed is a hardworking Pakistani who does transparent business but his rivals levelled baseless allegation against him to vilify him. The FIA team conducted an in-depth inquiry and found the allegations baseless.
According to a letter available with The News, Hameed was summoned by the Anti-Money Laundering Circle (AMLC) under Section 160, 1898 CrPC in Enquiry No 226/2023 of FIA AML Circle. The letter cited that the summon was pursuant to an ongoing criminal investigation in the agency on the allegation of high-volume suspicious transactions into his accounts contrary to the declared business profile. According to the letter, Hameed maintained 19 bank accounts (14 local and 5 foreign) with an aggregate credit turnover of Rs5.34 billion. He was directed to appear before the AML FIA Lahore with all relevant documents and original CNIC, FBR returns/declaration for periods of 2016 to 2023, personal and business.
Gen Bajwa's son is married to Mithu's daughter. According to the FIA notice, Sabir Mithu owns 19 bank accounts, 14 Pakistani and 5 foreign, and Rs5.34 billion transactions have been made into these accounts. The FIA has also asked Sabir Mithu to bring the record of the countries he visited, the records of his offshore companies as well as Shell Companies. The FIA has also asked Sabir Mithu to provide details of his properties inside Pakistan and abroad, cars and the record of sale and purchase of the foreign currencies. Sabir Mithu has also been asked to submit the record of the Pakistani currency and foreign currencies he and his family members declared at the airports. In case of non-compliance, strict action will be taken against Sabir Mithu, the notice says.
The FIA has cleared Sabir Hameed of any wrongdoing and closed the inquiry against him. The agency has not found any evidence of money-laundering or tax evasion by the businessman. Hameed has cooperated with the FIA and provided all the required documents to prove his innocence. He has also denied any involvement in any illegal activity or corruption. He has claimed that he is a victim of a smear campaign by his rivals who want to tarnish his reputation and that of his family. He has expressed his gratitude to the FIA for conducting a fair and transparent investigation and exonerating him of all charges.
Watch Who is Qamar Bajwa's Relative Sabir Hameed Urf Mithu
Conclusion:
Sabir Hameed, a close relative of former army chief General Qamar Javed Bajwa, has been cleared of any money-laundering charges by the Federal Investigation Agency (FIA). The FIA closed an inquiry against the businessman as no evidence of any illegal activity or tax evasion was found. Hameed had cooperated with the FIA and provided all the relevant documents to prove his innocence. He had also denied any involvement in corruption or wrongdoing. He had claimed that he was a victim of a smear campaign by his rivals who wanted to tarnish his reputation and that of his family. He had expressed his gratitude to the FIA for conducting a fair and transparent investigation and exonerating him of all charges.