Farhat Shahzadi aka Farah Gogi, a close friend of former first lady Bushra Bibi, expanded her business and acquired companies in the United Kingdom (UK) along with her family during the tenure of former prime minister Imran Khan, The News reported Friday.
Journalist Fakhar Durrani reported that four companies dealing in the real estate sector were registered or acquired by Farah's family in the UK.
From 2019 to 2021, three companies were registered or acquired by Farah's sister, Musarat Khan, and one by Farhat and her husband. In the UK, Musarat now owns or has previously owned a dozen companies.
Farah and her husband, Ahsan Iqbal Jamil, are currently residing abroad while being accused of major wrongdoing. Nevertheless, according to Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, who publicly backed Farah in a news conference, these accusations are purely a political attack on the PTI.
She and her husband are facing charges of money laundering on the complaint filed by the Federal Investigation Agency (FIA), and the government intends to extradite them via Interpol.
Journalist Fakhar Durrani reported that Farah's riches increased dramatically under Imran Khan's rule. Since 2018, her declared wealth has climbed by more than four times. Farah, her husband, and three other partners purchased the UK company Goldstar Euro Ltd. on May 14, 2020.
According to reliable sources, Farah and her husband bought the business for money laundering purposes. Jamil, though, denied these charges.
Also, on November 9, 2021, Musarat registered a business called Black Apple Investments Limited. According to the documents available with the publication, the business engages in the purchase, sale, and contract-based management of the real estate.
Al Muez Limited was a different business that Farah's sister registered on August 19, 2019. The business of real estate was the reason the company was founded.
Farah is also using the name Al-Muez. Farah uses the brand name "Al Muez" because she owns a number of businesses in Pakistan that go by this name, including Al Muez Dairy. She purchased a 10.3-acre industrial land for Al Muez Dairy in the Faisalabad Industrial Zone at a discounted price, according to the FIA's FIR.
On July 4, 2019, Musarat purchased DMK Enterprises Limited, a different business. In March 2021, the corporation was dissolved. She also owned other businesses, such as DKhans Constructions Limited, Maximum M K Tradings Ltd., and Dayyan Enterprises Limited.
The documents available with the publication show that money is coming into Farah, Jamil, and Musarat's accounts in the form of remittances. But no record demonstrates the discharge. Farah received Rs4,190,400 in international remittances over the course of two years, compared to her sister's Rs84 million.
The stated assets of Farah before Khan took office were reportedly valued at more than Rs 231 million in 2017. However, in 2021, Farah's stated assets increased by Rs971 million over the first three years of Khan's administration. Farah and her husband also took advantage of Khan's government's "whitening of black money" initiative (Tax Amnesty Program 2019). Under the 2019 Tax Amnesty Plan, they both reported declaring Rs328.7 million and Rs20 million, respectively.
When journalist Fakhar Durrani contacted Jamil for his stance, he said, "The FIA's FIR is entirely political victimization." Such threats against Farhat Shahzadi have been made public by Maryam Nawaz Sharif, Ata Tarar, the interior minister, and other government officials. In those threats, the term "Red Warrants" was repeatedly used.
Journalist Fakhar Durrani reported that four companies dealing in the real estate sector were registered or acquired by Farah's family in the UK.
From 2019 to 2021, three companies were registered or acquired by Farah's sister, Musarat Khan, and one by Farhat and her husband. In the UK, Musarat now owns or has previously owned a dozen companies.
Farah and her husband, Ahsan Iqbal Jamil, are currently residing abroad while being accused of major wrongdoing. Nevertheless, according to Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan, who publicly backed Farah in a news conference, these accusations are purely a political attack on the PTI.
She and her husband are facing charges of money laundering on the complaint filed by the Federal Investigation Agency (FIA), and the government intends to extradite them via Interpol.
Journalist Fakhar Durrani reported that Farah's riches increased dramatically under Imran Khan's rule. Since 2018, her declared wealth has climbed by more than four times. Farah, her husband, and three other partners purchased the UK company Goldstar Euro Ltd. on May 14, 2020.
According to reliable sources, Farah and her husband bought the business for money laundering purposes. Jamil, though, denied these charges.
Also, on November 9, 2021, Musarat registered a business called Black Apple Investments Limited. According to the documents available with the publication, the business engages in the purchase, sale, and contract-based management of the real estate.
Al Muez Limited was a different business that Farah's sister registered on August 19, 2019. The business of real estate was the reason the company was founded.
Farah is also using the name Al-Muez. Farah uses the brand name "Al Muez" because she owns a number of businesses in Pakistan that go by this name, including Al Muez Dairy. She purchased a 10.3-acre industrial land for Al Muez Dairy in the Faisalabad Industrial Zone at a discounted price, according to the FIA's FIR.
On July 4, 2019, Musarat purchased DMK Enterprises Limited, a different business. In March 2021, the corporation was dissolved. She also owned other businesses, such as DKhans Constructions Limited, Maximum M K Tradings Ltd., and Dayyan Enterprises Limited.
The documents available with the publication show that money is coming into Farah, Jamil, and Musarat's accounts in the form of remittances. But no record demonstrates the discharge. Farah received Rs4,190,400 in international remittances over the course of two years, compared to her sister's Rs84 million.
The stated assets of Farah before Khan took office were reportedly valued at more than Rs 231 million in 2017. However, in 2021, Farah's stated assets increased by Rs971 million over the first three years of Khan's administration. Farah and her husband also took advantage of Khan's government's "whitening of black money" initiative (Tax Amnesty Program 2019). Under the 2019 Tax Amnesty Plan, they both reported declaring Rs328.7 million and Rs20 million, respectively.
When journalist Fakhar Durrani contacted Jamil for his stance, he said, "The FIA's FIR is entirely political victimization." Such threats against Farhat Shahzadi have been made public by Maryam Nawaz Sharif, Ata Tarar, the interior minister, and other government officials. In those threats, the term "Red Warrants" was repeatedly used.