FIA seeks details of all foreign travel tickets of IBA Karachi’s three officials by Oct 3
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Description
The Federal Investigation Agency (FIA) has launched an inquiry under Section 25 of the Anti-Money Laundering Act 2010 against IBA Karachi. It has requested details of all foreign travel tickets and financial records related to the executive director, registrar, and director HR by October 3. The investigation concerns alleged misconduct, corruption, and misuse of institutional funds. FIA has also asked for procurement records, payment details, employee recruitment data, and asset declarations of senior officials from FY 2019–20 to FY 2024–25. The proceedings aim to verify transparency and possible financial irregularities in IBA’s management and operations.
Publication Source
The News International
Publication Date
10-2-2025
Pages
14
Disciplines
Business | Law | Social and Behavioral Sciences
Recommended Citation
Askari, Syed Muhammad. (2025, October 02). FIA seeks details of all foreign travel tickets of IBA Karachi’s three officials by Oct 3. The News International, . 14. https://ir.iba.edu.pk/press-media/147
Keywords
FIA, IBA Karachi, money laundering, corruption, financial investigation, procurement records, foreign travel, executive director, Anti-Money Laundering Act 2010
