DID Press: Pakistani media reported that authorities have launched a money-laundering investigation against Tehreek-e-Labbaik Pakistan (TLP) chief Saad Rizvi following discovery of large amounts of foreign currency, gold, and jewelry at his residence. The development comes in the wake of recent protests by the party’s supporters.
According to Pakistani media reports, Punjab police officers, accompanied by joint teams from the Federal Investigation Agency (FIA) and the National Cyber Crime Investigation Agency (NCCIA), raided Rizvi’s residence in Lahore and seized approximately 110 million Pakistani rupees in cash, including 50,000 Indian rupees, 1.92 kilograms of gold, 898 grams of silver, 69 luxury wristwatches, 28 gold bangles (445 grams), 12 bracelets (490 grams), 24 gold necklaces and chains, 46 gold rings (355 grams), a silver crown, and 32 silver rings.
A senior Pakistani police official said officers were “shocked” by the vast quantity of valuables found in Rizvi’s home, noting that the TLP leader had no known business ventures prior to founding the party.
Following the discovery, authorities have expanded the investigation and are now examining bank accounts belonging to Rizvi, his son, and other family members to determine the total value of movable and immovable assets linked to the TLP’s financial activities.
The raid occurred shortly after the violent dispersal of a nighttime protest organized by TLP supporters.