The Federal Investigation Agency (FIA) on Tuesday revealed that Interpol has arrested Omni Group’s Chief Financial Officer (CFO) Arif Khan in Dubai and he is expected to be extradited to Pakistan later this week, a private news channel reported.
According to the report, Arif Khan looked after the affairs of five to six companies in Dubai which would send money to over 400 individuals in at least eight countries. It is reported that Rs25 billion in transactions took place via these companies.
The Omni Group CFO is also said to be well versed in the fake accounts of 12 companies, including the Thatta Sugar Mill.
Earlier in the day rumours made rounds on the social media that Interpol had arrested Zardari’s foster brother Owais Muzaffar Tappi in Dubai in connection with the fake accounts case.
However, the speculation was denied by FIA officials.
Khan’s arrest is the latest in the money-laundering case being investigated by the FIA. Those under investigation include former president Asif Ali Zardari and his sister Faryal Talpur.
Close aides of the former president including Hussain Lawai and Omni Group chairman Anwar Majeed, his son Abdul Ghani were arrested by FIA last year in connection with the case.
The case pertains to ‘benami’ accounts opened in private banks in 2013, 2014 and 2015 from where transactions worth billions of rupees were made. The amount, according to FIA sources, is said to be black money gathered from various kickbacks, commissions and bribes.