- Hameed is associated with big property business.
- He appeared before the FIA and presented all the details.
- Hameed was summoned by the FIA’s AMLC.
ISLAMABAD: The Federal Investigation Agency (FIA) has given a clean chit to Sabir Hameed, popularly known as Mitthu, a close relative of former Army Chief General (retd) Qamar Javed Bajwa in the suspicious transaction investigation. news Reported on Saturday.
The FIA closed the investigation against the well-known businessman as no evidence was found to support the allegations made against him by his opponents.
Hameed, who is associated with a large property business, appeared before the FIA investigators and provided them with all the documents including tax returns, bank statements, household details and details of foreign assets, vehicles, off-shore companies till the financial year 2022. etc.
Sources close to him said that the close relative of the former army chief was summoned by the FIA for the first time on October 23.
He said that Hameed is a hard-working Pakistani who runs transparent business but his rivals made baseless allegations against him to defame him. He said that the FIA team conducted a thorough investigation and found the allegations to be baseless.
According to a letter available with newsHameed was summoned by the Anti-Money Laundering Circle (AMLC) under section 160, 1898 CrPC in FIA AML Circle inquiry number 226/2023.
The letter quoted that the summons was in accordance with the ongoing criminal investigation in the agency on allegations of suspicious transactions involving high amounts in their accounts contrary to the declared business profile.
According to the letter, Hameed maintained 19 bank accounts (14 local and 5 foreign) with a total credit turnover of Rs 5.34 billion.
He was directed to appear before AML FIA Lahore with all relevant documents and individual and business original CNIC, FBR returns/declaration for the period 2016 to 2023.
They were also asked to bring a list of all the countries they visited and share the purpose of their tour. The relative of the former Army chief was also directed to bring a list of all offshore/shell companies and business vehicles held by him, his spouse and family members.
The FIA had also sought details of his national and international assets and his family members.
Hameed was directed to furnish details of all foreign exchange purchases made by him or on his behalf. Besides this, details of foreign currency taken out of Pakistan by them or their spouse or family members were also sought.