The Anti-Money Laundering Circle (AMLC) of the Federal Investigation Agency (FIA) has called upon Muhammad Sabir Hameed, famously known as Mitthu, for an inquiry into dubious high-volume financial activities. Mitthu, notably related to ex-army chief Gen (retd) Qamar Javed Bajwa, finds himself at the centre of a significant investigation.
Comprehensive Investigation Underway
Per an official communique, the AMLC has invoked Section 160, 1898 CrPC in Enquiry No 226/2023, mandating Mitthu’s presence at the FIA headquarters on October 23, 2023. This development stems from an extensive criminal probe based on the discrepancy between massive credit turnovers in his accounts and his known business operations.
Scrutiny revealed that Mitthu operates 19 bank accounts, including 14 domestic and 5 international, with a total credit turnover exceeding Rs5.34 billion. In response, the FIA demands his appearance, with necessary documentation ranging from tax returns and international travel records to details of offshore entities and assets held personally or by family members.
Allegations Met With Denial
Close associates of Muhammad Sabir Hameed have vehemently denied any financial impropriety, attributing the FIA’s notice to misleading information supplied by competitive business adversaries. They maintain that Mitthu’s wealth is legally acquired, accounted for, and transparent, underlining his four-decade-long reputable business tenure.
These representatives recall a similar incident from recent months where Mitthu triumphed over spurious charges by furnishing all requested documents and financial disclosures. Amidst the current controversy, they express confidence in a similar outcome, given his business dealings’ purported transparency.
