Five acquitted in money laundering case Dawn 22/12/2020 Dawn
A special tribunal (foreign exchange regulation) has acquitted five employees of a privately-owned currency exchange company charged by the Federal Investigation Agency with launching money and illegally possessing foreign currency notes.
Additional sessions judge Shahid Mahmood accepted an application of the five accused under Section 265-K of the Code of Criminal Procedure, which empowers the trial court to acquit an accused before the conclusion of a trial when there is no probability of his conviction on the basis of the available evidence.
The accused included Pakistan Currency Exchange branch manager Anwarul Haq, operation manger Sabihuddin, cashier Naseer Asghar, and employees Sohail Humayun and Sher Khan.