AIRLINK 195.90 Increased By ▲ 2.34 (1.21%)
BOP 10.18 Increased By ▲ 0.23 (2.31%)
CNERGY 7.71 Decreased By ▼ -0.22 (-2.77%)
FCCL 39.66 Decreased By ▼ -0.99 (-2.44%)
FFL 17.00 Increased By ▲ 0.14 (0.83%)
FLYNG 27.02 Decreased By ▼ -0.73 (-2.63%)
HUBC 132.90 Increased By ▲ 0.32 (0.24%)
HUMNL 13.94 Increased By ▲ 0.05 (0.36%)
KEL 4.74 Increased By ▲ 0.14 (3.04%)
KOSM 6.62 No Change ▼ 0.00 (0%)
MLCF 47.10 Decreased By ▼ -0.50 (-1.05%)
OGDC 214.00 Increased By ▲ 0.09 (0.04%)
PACE 6.90 Decreased By ▼ -0.03 (-0.43%)
PAEL 41.60 Increased By ▲ 0.36 (0.87%)
PIAHCLA 17.17 Increased By ▲ 0.02 (0.12%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.40 Decreased By ▼ -0.24 (-2.49%)
PPL 183.30 Increased By ▲ 0.95 (0.52%)
PRL 41.91 Decreased By ▼ -0.05 (-0.12%)
PTC 24.92 Increased By ▲ 0.02 (0.08%)
SEARL 109.00 Increased By ▲ 2.16 (2.02%)
SILK 0.99 No Change ▼ 0.00 (0%)
SSGC 43.00 Increased By ▲ 2.90 (7.23%)
SYM 18.09 Increased By ▲ 0.62 (3.55%)
TELE 8.95 Increased By ▲ 0.11 (1.24%)
TPLP 13.01 Increased By ▲ 0.26 (2.04%)
TRG 67.10 Increased By ▲ 0.15 (0.22%)
WAVESAPP 11.60 Increased By ▲ 0.27 (2.38%)
WTL 1.80 Increased By ▲ 0.01 (0.56%)
YOUW 4.05 Decreased By ▼ -0.02 (-0.49%)
BR100 12,217 Increased By 172.6 (1.43%)
BR30 36,900 Increased By 319.5 (0.87%)
KSE100 115,195 Increased By 1157.3 (1.01%)
KSE30 36,191 Increased By 397.1 (1.11%)

Turning down the Customs department''''s plea to initiate criminal proceedings against supermodel Ayyan Ali under money laundering charges on Wednesday the Special Customs Court of Rawalpindi declared the recovered amount of $506,800 from Ayyan Ali''''s luggage at Benazir Bhutto International Airport Islamabad as her property. In 2015, Customs officials recovered the money from Ayyan Ali at Benazir Bhutto International Airport Islamabad under the Anti-Money Laundering Act and produced her before the Special Customs Court Rawalpindi which sent her to Rawalpindi''''s Adiala Jail.
Later, the Special Custom Court accepted her bail application after four months besides returning her travel documents against a surety and a guarantee. However, the customs department urged the Special Customs Court Rawalpindi to allow launching a criminal case against Ayyan Ali under the Anti-money Laundering Act to which the Court had reserved the judgement in the matter on March 24.
Announcing its reserved judgment on Wednesday, the Special Court ruled that the recovered money was a belonging of Ayyan Ali so no case could be registered against her. It is important to mention that adjudication about excluding Ayyan Ali''''s name from Exit Control List (ECL) is pending before Supreme Court of Pakistan where Federal Interior Ministry and Customs department have urged the court to set aside Sindh High Court''''s verdict that had directed the concerned authorities for excluding Ayyan Ali''''s name from the ECL.

Copyright Business Recorder, 2016

Comments

Comments are closed.