ISLAMABAD: The case later reached the Federal Cabinet of Pakistan on December 3, 2019, where it was presented in a sealed envelope by the then Special Assistant to the Prime Minister (SAPM), Mirza Shahzad Akbar.
The purpose of the presentation was to discuss the return of the funds, which would be sent to an account under the supervision of the Registrar of the Supreme Court of Pakistan.
This particular account was linked to the recovery of Rs 460 billion from the same property tycoon in connection with fines imposed on a housing scheme in Karachi.
“Khan approved the settlement without allowing his cabinet members to read it,” said a source familiar with the investigation.
The investigation revealed that as part of the agreement to return the laundered money, the property tycoon was offered a substantial compensation package.
This included the transfer of 458 kanals, 4 marlas and 58 square feet of land in Jhelum, along with Rs 285 million in cash, which was earmarked for the Al-Qadir Trust.
The trustees of the Al-Qadir Trust included then Prime Minister Khan, his wife Bushra Bibi and his senior advisers Zulfikar Bukhari and Babar Awan. However, it is worth noting that Awan and Bukhari’s positions were subsequently withdrawn on April 22, 2020.
