Mian Mansha interrogated by NAB in money laundering case

LAHORE: Chief Executive of Nishat Group, Mian Muhammad Mansha, has departed from the National Accountability Bureau (NAB) Lahore office after facing 2.5 hours long interrogation session by a three-member investigation team, ARY News reported on Thursday.

The business tycoon appeared before the National Accountability Bureau (NAB) alone in connection with a probe into money laundering case.

However, Mansha’s sons, Mian Hassan Mansha and Mian Umar Mansha, have not appeared in the interrogation session again, sources said.

Mansha has been interrogated by a three-member team of the anti-graft watchdog for 2.5 hours where he was questioned for the purchase of London’s Saint James Hotel and Club.

The team also summoned details of the transfer of funds worth £9 million to the United Kingdom (UK) from Pakistan.

On March 13, the National Accountability Bureau (NAB) had summoned business tycoon Mian Muhammad Mansha along with his sons on March 14 (today).

Read More: NAB summons Mian Mansha, son in money laundering case

The summon notices had been sent to his residence located in 28-Main Gulberg – Lahore which was received by Mansha’s employees, sources said.

The accused persons have been directed to bring complete money trail beside ownership documents of Saint James Hotel and Club, the notice stated.

Mian Muhammad Mansha had bought multi-billion dollars Saint James Hotel and Club in 2010 in London and he was also facing charges of illegally transferring funds to United Kingdom (UK).

Read More: LHC rejects Mian Mansha’s plea against his possible arrest

On March 11, the Lahore High Court (LHC) had rejected an appeal filed by business tycoon Mian Mansha fearing his possible arrest following notices issued to him by the National Accountability Bureau (NAB).

It had also emerged earlier that the industrialist-cum-banker Mian Muhammad Mansha’s Nishat Power was taking 32 per cent profit, however other independent power producers were allowed to take 17 per cent profit, the Senate standing committee on power had been told on January 15.

The post Mian Mansha interrogated by NAB in money laundering case appeared first on ARYNEWS.

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