Money laundering case; Khan files reply in SC

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Islamabad : Chairman PTI Imran Khan has filed his reply in Supreme Court (SC) in tax evasion, money laundering case. PML-N leader had filed application in SC on alleged involvement of PTI chairman in money laundering and tax evasion. Imran has rejected all the allegations of money laundering and tax evasion levelled against him saying all these accusations are concocted, baseless and false.
It was said in the reply that he purchased London flat at the cost of 117000 pounds out of the income he earned in foreign country. This flat was sold out later at the cost of 715000 pounds. He received 690307 pounds after deduction of tax. This money was given to Jemima Khan in March 2003.
He further stated that Niazi Services Limited was set up with 9 million pounds. London flat was the asset of Niazi Services Limited. Bani Gala property was purchased at the cost of Rs 435 million in instalments in 2002. He himself paid the initial amount of Rs 6.5 million against this property. Due to delay in sale of London flat, Jemima paid the cost of Bani Gala property. Jemima gifted Bani Gala home to him through a letter after divorce. Documentary evidence in support of payment of cost of Bani Gala property by Jemima are available. Therefore, allegations levelled with regard to purchase of Bani Gala property through money laundering are incorrect.
PTI chairman said he had not given any wrong statement with reference to his assets and he was paying tax since the last 3 decades. FBR has not raised any objection over Bani Gala property transaction since the last 13 years.
The petition of Hanif Abbasi be dismissed with fine, he prayed. Hanif Abbasi has filed this petition at behest of his political masters, he added.