FIA secures conviction in money laundering case, ex-auditor controller jailed for two years

ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 23rd Jul, 2026) The Federal Investigation Agency (FIA) Anti-Money Laundering Circle Islamabad has secured a major court victory after a special court convicted a former Auditor Controller in a money laundering case, sentencing him to two years' rigorous imprisonment, imposing a fine of Rs200,000 and ordering the confiscation of his vehicle.

An FIA official told APP on Thursday that Special Judge Central Rawalpindi Abdul Rehman Muhammad Arif, in his judgment dated July 7, 2026, convicted Syed Maqsood Hussain Shah, a former Auditor Controller (MR Rawalpindi), in FIR No. 60/2021 under Sections 3 and 4 of the Anti-Money Laundering Act, 2010.

The official said the investigation established that the accused had generated illegal proceeds through the predicate offence registered in FIR No. 40/2021, involving fraudulent salary bills prepared in the Officer Pay Section.

He said the investigation further revealed that the accused laundered the illicit funds and purchased a Toyota Corolla XLi in his own name using the proceeds of crime.

<?php /*?> <?php */?>

The court sentenced the convict to two years' rigorous imprisonment, imposed a fine of Rs200,000, and ordered the confiscation of the Toyota Corolla XLi in favour of the Government of Pakistan.

The official termed the verdict a significant success for the FIA Anti-Money Laundering Circle Islamabad, crediting the professional efforts of Assistant Director Legal Islahuddin, Assistant Director Legal Muhammad Afzal, and Sub-Inspector Naseeb Ullah Niazi, the investigation officer, for securing the conviction.

He said the judgment reflected the FIA's unwavering commitment to combating money laundering, financial crimes and corruption, and reaffirmed the agency's resolve to bring those involved in financial offences to justice.

/APP-rzr-mkz