ISLAMABAD
\nPML-Q leader Moonis Elahi, in his response to Federal Investigation Agency\u2019s (FIA) questionnaire in a money laundering case, has denied any links to Nawaz Bhatti and Mazhar Abbas, the \u201clow-profile individuals\u201d who, according to the FIA, lent Elahi their identities to set up the RYK Sugar Mills Ltd from his allegedly ill-gotten funds.
\nThe FIA had booked Elahi and seven others, including Bhatti and Abbas, on charges of money laundering in a case pertaining to a sugar scam on June 14.
\nIn his response submitted on Thursday to the 33 questions asked by the agency, Elahi denied knowing Bhatti and Abbas or the fact that they were government employees.
\nHe also answered in the negative to a host of other questions about the duo, such as whether Elahi or his family had helped Abbas secure his job; if he knew that the two held shares in Rahim Yar Khan (RYK) \/Alliance Sugar Mills; if he had provided any financial assistance to them; and if he knew that Bhatti was a signatory of at least 32 bank accounts with a credit turnover of around Rs24 billion, etc.
\nElahi also denied using the influence of his father, former Punjab chief minister Parvez Elahi, to secure a no-objection certificate for setting up RYK Sugar Mills.
\nIn response to the question on the facts of the case indicating that an orchestrated scheme of \u201ccorporate layering\u201d was employed to disguise the beneficiaries of RYK Sugar Mills, the PML-Q leader said the allegation was \u201cincorrect and misconceived\u201d as all his shares were \u201cduly declared\u201d.
\nHe said that he did not have any role in the establishment of the RYK Group.<\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD PML-Q leader Moonis Elahi, in his response to Federal Investigation Agency\u2019s (FIA) questionnaire in a money laundering case, has denied any links to Nawaz Bhatti and Mazhar Abbas, the \u201clow-profile individuals\u201d who, according to the FIA, lent Elahi their identities to set up the RYK Sugar Mills Ltd from his allegedly ill-gotten funds. The […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-268129","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n