- Arif Naqvi was a rarity in Pakistan. of rising talent, says Imran Khan.
- as I know Arif Naqvi is not cause loss for anyone, says PTI chairman.
- He says Yes full money trace that these funds came through banking channels.
LONDON: former Prime Minister of Pakistan Imran Khan defended Arif Naqvi after Financial Times publication made explosive allegations implicating defunct founder Abraaj in sending illegal political funds to Imran Khan’s Pakistani Tehreek-e-Insaaf (PTI) party, using offshore company.
Speaking with private channel, Imran Khan confirmed that he had read an article in the Financial Times that made serious allegations of misuse and misappropriation of charitable foundations.
Imran Khan defended Arif Naqvi and suggested that he was so successful and bright that they brought him down through a conspiracy.
Imran Khan tied up Arif Naqvi rise and fall for it of Agha Hassan Abedi – Pakistani who founded the Bank of Credit and Commercial International (BCCI) and collapsed after one of Major bank fraud scandals. Abidi bank collapsed and he was convicted by the court of the United Arab Emirates (UAE) for fraud and was sentenced to eight years in prison. Supporters of Abidi blamed a Western conspiracy behind his fall.
Imran Khan said of the founder of Abraaj, a native of Karachi, that it was a tragic event.
Imran Khan said: “The case of Arif Naqvi is tragic. it big tragedy. Arif Naqvi facing accusations, these are only accusations and there has not yet been a trial. My heart says Arif Naqvi was rising fast. We saw BCCI collapse in front of our eyes. It originated as bank and I remember that he provided jobs for all Pakistanis over in world. There were branches of BCCI all over in world.”
“There were little problems of money laundering and all bank collapsed. They even had assets. as I know Arif Naqvi is not cause loss for anyone. The money was returned to all creditors and the cause against he over some unevenness. Arif Naqvi is not yet face trial in court. For me, the tragedy is that Pakistan is here who walked up and doing progress in in world”.
Imran Khan accepted for in first the time when Arif Naqvi financed PTI, but added so that there is no illegality. He said, “These funds have come to us party Accounts. Yes full money trace that these funds came through banking channels, and we have everything disclosed and verified. It is happened in 2012 and there was no case against Arif Naqvi at that time. Poor Arif Naqvi was indicted in 2019. I’m talking about 2012 when it was bright star of Pakistan.”
former prime minister said: “Arif Naqvi was a rare representative of Pakistan. of rising talent who would benefit Pakistan more how he got high. I know him for about 25 years old. How is he made money and progressed, developed his shareholding company is Abraaj. Then he entered venture capital. He was set for the benefit of Pakistan and helped the Pakistanis a lot already. He was rising fast.
“Arif Naqvi gave a lot of money to Shaukat khanum hospital. He was live in Dubai and will always finance us for charity. In 2012, he organized two charity dinners. for PTI; in one in London on my own landin Wootton) and then in Dubai he invited the best businessmen. It’s called political financing.”
upcoming of Imran Khan interview former Information Minister and PTI leader Fawad Chaudhary said the “Israeli lobby” behind the fall of Arif Naqvi and his joint stock company Abraaj.
The charge of the Jewish state of Israel, Fawad Chaudhary said: “Abraj Arif Naqvi has grown to the value of 14 billion dollars. The Israeli lobby like whenever a Muslim in especially pakistani, rises in influence beyond a certain limit. US filed a case against Arif Naqvi and the fact that he violated the USA financial laws. BCCI was closed over similar allegations. Why should we become a part of this propaganda when we know that the Israeli lobby behind all this.”
former prime minister defended Arif Naqvi after FT revealed in investigating that Wootton Cricket Ltd, a Cayman Islands-registered company of Abraaj founder Arif Naqvi, was used to fund Pakistan’s Tehreek-e-Insaf (PTI) after receiving funds from companies and individuals, including at least £2m. in April 2013 from an influential Arab figure.
The FT reported that Naqvi hosted a cricket decoration in his country estate in Oxfordshire village of Wooton from 2010 to 2012 and used proceeds from charitable donations to fund Imran Khan’s project. party.
FT, quotes bank statements, it was alleged that Naqvi transferred as many as three payments directly at PTI in 2013 addition to total of about 2.2 million dollars.
Guests who participated in Wootan T20 cup that Imran Khan also were present, asked for a deposit of £25,000 each, and it stated that money going to charity causes”. The report says money was paid to Wooden Cries Ltd, registered in the Cayman Islands and owned by Naqvi.
This newspaper reported on November 27, 2021 in detailed account that while Arif Naqvi is on the run from one judgment to another in London in avoid be extradited to the USA for court, nobody in PTI government including the then Prime Minister and President – Imran Khan and Arif Alvi with to whom he was closest – they offered him any kind of of help or consolation. In fact, this reporter learned that senior The PTI leader blocked his number and did not get in touch again. with his soon after it arrest in April 2019 in London at Scotland Yard on US request.
Arif Naqvi faces extradition to the US from London and almost 300 years in prison on accusations made by US authorities of white-collar crimes, which he vehemently denies. Before posting bail after his sons succeeded move mountain by arranging a guarantee of £15 million – highest ever bail guarantee in British judicial history – Arif Naqvi spent about four months in Wandsworth Highest Security Prison, but never of diplomatic or advisor help offered him Pakistani government in spite of fact that Naqvi’s lawyers appealed to the Pakistani government to help own citizen. Arif Naqvi’s wife and sons have British passports, but Naqvi has always kept his green Pakistani passport.