Farhat Shahzadi, aka Farah Gogi, and a confidant of former first lady Bushra Bibi, expanded her business in the United Kingdom with her family under the premiership of Imran Khan.
The documentary evidence reveals that in the United Kingdom, Farah’s family has registered or bought four companies with the SIC or engaged in real estate business as their type of business.
From 2019 to 2021, Farhat and her husband registered or purchased one, while Farhat’s sister, Musarat Khan, registered or purchased three companies. Musarat has owned roughly six enterprises in the United Kingdom.
Farah and her husband, Ahsan Iqbal Jamil, live abroad while facing major corruption charges. But, according to the Pakistan Tehreek-e-Insaf (PTI) chairman, who publicly backed Farah in a press conference, these allegations are nothing more than a political attack on the current administration.
The Federal Investigation Agency (FIA) has filed a case under the Anti-Money Laundering Act against her, and the government intends to deport her via Interpol.
Under Khan’s leadership, the wealth of Farah grew substantially. Her declared wealth has increased by more than fourfold since 2018. On May 14, 2020, in the United Kingdom, Farah, her husband, and three other partners acquired Goldstar Euro Ltd. One of the partners is one of the best physicians in the country.
According to credible sources, Farah and her husband purchased the company to launder money. However, Jamil disputed these allegations.
Read: FIA charges Farah Gogi in Rs849m money laundering case
Also, on November 9, 2021, Musarat incorporated Black Apple Investments Ltd. According to accessible documentation, the corporation is involved in the acquisition, sale, and contract-based management of real properties.
On August 19, 2019, Farah’s sister registered the Al Muez Limited firm. The company was established to operate in the real estate market.
Farah also uses the name Al-Muez for herself. However, Farah employs the brand name “Al Muez” since she owns several enterprises in Pakistan, notably Al Muez Dairy, that bear this name. In addition, according to the FIA’s FIR, she purchased a 10-acre industrial land in the Faisalabad Industrial Zone for Al Muez Dairy at a discounted price.
Read: FIA summons Farah Gogi’s spouse in a money laundering investigation
On July 4, 2019, Musarat acquired DMK Enterprises Limited, a separate company. In March 2021, the company ceased operations. In addition to Dayyan Enterprises Ltd, Maximum M K Tradings Ltd, and DKhans Constructions Limited, she also owned several other companies.
The documented evidence indicates that Farah, Jamil, and Musarat receive remittances. Yet, the outflow is not reported. Farah received Rs4,190,400 in international remittances over two years, while her sister received Rs84 million.
It is essential to recall that Farah’s stated assets before Khan’s assumption of office were valued at over Rs 231 million in 2017. In contrast, Farah’s declared assets in 2021 during the first three years of Khan’s administration amounted to Rs971 million. In addition, Farah and her husband also utilized Khan’s administration’s “whitening of black money” initiative (Tax Amnesty Scheme 2019). As a result, according to the 2019 Tax Amnesty Plan, they declared a total of Rs328.7 million and Rs20 million, respectively.
Interior minister Rana Sanaullah, Maryam Nawaz Sharif, prime minister’s adviser Ata Tarar, and other government officials have publicly issued such threats against Farhat Shahzadi.
Jamil claimed, “The FIA’s FIR is political victimization.” In response to a query concerning the acquisition of the British company, Jamil stated, “We were attempting to construct a hospital in Islamabad.” But, it did not advance beyond the planning stage. I was meant to provide this hospital property. That has been resolved for a long time. Eurostar possessed no real estate; it was only a corporation with assets in its name. We have not initiated any business transactions with that company either. We attempted to expand the business but never succeeded.”
“I believe that many foreign physicians have indicated that they will only work for such companies. Several names were explored. Everything was still in the planning stages. There were no financial transactions. I assured the group that I would contribute to the land. I do not have any companies operating abroad. I told you it was time to plan. When asked why the corporation was registered in the United Kingdom, yet the hospital was being constructed in Pakistan, he replied, “land was not an issue.”.
When queried about the intended location of the hospital, he responded, “We had not yet determined the actual location. Only if the situation had reached that stage. Since we pay taxes, all disputed assets and monies have been disclosed and taxed. There is no evidence of any corruption. So why injure somebody who has so much as shaken our hands?
He requested that this correspondent provide a detailed summary of his version. “Mr. Durrani, I have responded truthfully to most of your questions. I expect them to tell the truth,” he remarked.
The news feed was taken from “The News Pakistan. As reported by Fakhar Durrani”
