Moonis Elahi receives conditional bail until July 4 in a charge of money laundering.

In a money laundering case brought against him by the Federal Investigation Agency, a banking court in Lahore on Wednesday granted Pakistan Muslim League-Q leader Moonis Elahi an interim release till July 4. (FIA).

The FIA was requested by the court to submit the case file.

The judge was informed by the complainant that there was political motivation behind the filing of the money laundering case against him. Elahi was involved in the case, according to the attorney, even if he did not “control the entities” the FIA cited.

The PML-Q legislator, according to the lawyer, was not involved in money laundering or any other illegal actions.

Indictment of Moonis

The complaint against Elahi was filed on June 15 under Sections 34 and 35, according to the FIA’s first information report.

According to the FIR, the agency’s Lahore Anti-Corruption Circle opened an inquiry on August 7, 2020 in response to a Sugar Inquiry Commission 2020 report. According to the statement, the federal government ordered the FIA to look into financial and corporate frauds committed by several sugar mills, including Rahim Yar Khan (RYK)/Alliance Sugar Mills, in light of the study.

According to the FIR, “during the continuing probe against RYK/ Alliance Sugar Mills Group, it discovered that the following low-profile individuals had jointly set up RYK Sugar Mills Ltd. in 2007/2008 at Rahim Yar Khan, one of them had been at a very low level at the time.”