PTI leader Aleem Khan’s judicial remand extended till May 27

LHC, bail, Aleem Khan, assets beyond income, offshore, cases
13 May, 2019 11:56 am

LAHORE (92 News) – Accountability Court Judge Syed Najamul Hassan Bukhari extended the judicial remand of PTI leader Aleem Khan in the assets beyond income case till May 27.

The court sought t he investigation report on the next date of hearing.

Earlier, the court had extended the judicial remand of PTI leader Aleem Khan till May 13.

The NAB prosecutor informed the court about the investigation report of Abdul Aleem Khan. He said that Aleem Khan’s reference would be filed soon after completing the investigations.

The court questioned why the reference is not being filed against Aleem Khan. The NAB prosecutor told court that a lot of people who have to be investigated in the reference are abroad. “As a result, the investigation has been delayed for some time,” he said.

NAB recommends to place Aleem Khan’s name on ECL

On April 23, the National Accountability Bureau (NAB) had recommended to put the name of PTI leader Aleem Khan on the exit control list.

Sources said that the NAB has written a letter to the Interior Ministry. Investigations into assets beyond income and offshore companies against Aleem Khan are underway.

Case History

Aleem Khan was arrested for owning assets beyond his known sources of income. He faces multiple inquiries, including one involving offshore company Hexam Investment Overseas Ltd, one for owning assets beyond his known sources of income, and inquiries into his involvement in the Park View Housing Society and River Age Housing Society.

The NAB alleged that Khan had misused his authority as secretary general of the Park View Housing Society and as a past member of the provincial assembly, abusing his position to acquire assets beyond his known sources of income.

The NAB had in January 2018 sought the record and details of offshore companies reportedly established in tax havens abroad by Aleem Khan and PML-Q’s Chaudhry Moonis Elahi.

Aleem Khan had started a real estate business in which he invested tens of millions of rupees. He bought 900 kanals of land and a further 600 kanals of land through a company set up for this purpose, A&A Private Ltd.

However, according to the accountability bureau, the PTI leader was unable to show the sources of income with which he purchased the land. The NAB further alleged that Khan set up multiple offshore companies in the United Arab Emirates (UAE) and Britain in 2005 and 2006, using them to purchase assets that cannot be explained by his means.

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