What is the Al-Qadir Trust case?

 

What is the Al-Qadir Trust case?

Dawn reported that the former prime minister, along with his wife Bushra Bibi and other PTI leaders, are facing a National Accountability Bureau (NAB) inquiry for allegedly “accepting Rs 5 billion and hundreds of kanals (of land) from Bahria Town (an Islamabad-based real estate company) in exchange for protecting the firm in a money laundering case.”

 

 non-profit organisation, Al-Qadir Trust

It also said that the land was given to the accused in the form of a “donation” to a non-profit organisation, Al-Qadir Trust, to set-up a university. 

Notably, the organisation had only two trustees: Imran and Bushra Bibi. The allegation is that the settlement between the firm and the PTI government caused a loss of 190 million pounds to the national exchequer.

Last year in June, Interior Minister Rana Sanaullah held a press conference 

to announce the formation of a committee to look into the allegations against Imran. He had said, 

“Bahria Town had illegally transferred Rs 50 billion to a Pakistani national in the UK who was caught by the British National Crime Agency (NCA), which subsequently informed the then PTI government about the laundered money”.

 Shahzad Akbar

“Imran Khan tasked his frontman Shahzad Akbar with resolving the money laundering case. Akbar settled the entire case, and the Rs 50 billion (190 million pounds at the time), which was state property and belonged to the national treasury, was adjusted against Bahria Town’s liability in a case being heard in the Supreme Court,” he he had told the media, adding that Imran and his wife got money through Akbar.