FESCO CEO, Sons Booked in Alleged Rs320 Million Tax Evasion Case
The chief executive officer of Faisalabad Electric Supply Company (FESCO), Amir Pannu, and his three sons have been booked in…
Money Laundering
FBR Uncovers Rs9.41bn in Suspected Wealth Fraud
The Federal Board of Revenue (FBR) has detected suspected wealth declaration fraud involving around Rs9.41 billion, with authorities registering a…
FATF Warns of Growing Financial Risks Linked to Online Gaming, Gambling
The Financial Action Task Force (FATF) has warned of emerging money laundering, terrorist financing and proliferation financing risks linked to…
Hawala networks increasingly turn to virtual assets, fintech to hide illicit wealth: FATF, OECD
PARIS: Hawala and other underground banking networks are increasingly adopting virtual assets, fintech platforms and digital communication tools to conceal…