#MoonisElahi declared absconder in money laundering case
LAHORE (MNP) – Moonis Elahi – the scion of PTI President Parvez Elahi – was declared an absconder on Saturday in the money laundering case he has been nominated in after he fled the country. Moonis is currently living in Spain.
Last month, the Federal Investigation Agency (FIA) had lodged a case against Elahi and his son over alleged money laundering in the Panama scandal which had revealed the businesses.
They are accused of concealing billions of rupees in five Panamanian firms. Elahi allegedly purchased companies in Panama and there was an evidence of illegal transfer of money abroad, according to FIA sources.
On Saturday, a local court in the provincial capital not only declared him an absconder – as he failed to appear in person despite multiple notices issued – but also his travel history and the details of bank accounts while adjourning the proceedings till next hearing.
As part of being declared an absconder, the court started the process to freeze his assets, computerized national identity card, passport and bank accounts.
