LHC rules money laundering proceedings need not await tax cases
The Lahore High Court has ruled that money laundering proceedings can continue independently of tax disputes, allowing the Federal Board of Revenue’s Directorate General of Intelligence & Investigation Inland Revenue (I&I-IR) to investigate suspected
September 28, 2026 (MLN): The Lahore High Court has ruled that money laundering proceedings can continue independently of tax disputes, allowing the Federal Board of Revenue’s Directorate General of Intelligence & Investigation Inland Revenue (I&I-IR) to investigate suspected money laundering without waiting for an income tax case to conclude. A two-member bench comprising Justice Khalid Ishaq and Justice Ha...