Armed man arrested from courtroom listening to of Jahangir Tareen case

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LAHORE:  An armed man was arrested by the police on Tuesday from the premises of a courtroom listening to a case in opposition to PTI chief Jahangir Tareen and his son.

The police mentioned they apprehended the suspect from the premises of the banking courtroom in Lahore.

On Tuesday, the banking courtroom prolonged the bail of Jahangir and his son Ali until April 10.

They had appeared earlier than the courtroom in a cash laundering case filed in opposition to them by the Federal Investigation Agency.

The case was registered by the FIA of alleged fraud of Rs3.14 billion on March 22 in opposition to the father-son duo.

The FIR states that Jahangir allegedly transferred unlawful shares price billions of rupees to Farooqi Pulp Mills Limited (FPML), which is owned by his son and shut family.

It says the transfers, particularly after 2011-12, had been “patently fraudulent investments which ultimately translated into personal gains” for Jahangir’s household. Some Rs3 billion had been invested and laundered by means of the identical manufacturing unit.