Money laundering case: Suspect Sarfraz Merchant appears before London police

LONDON: Another suspect appeared before London’s Metropolitan Police on Wednesday in an ongoing money-laundering investigation involving leaders of Muttahida Qaumi Movement.

Sarfraz Merchant, a Karachi trader, is among six men being investigated by Scotland Yard for the case.

Merchant found himself in the midst of the money-laundering investigation after he made a donation and loan payments to the MQM in Britain in the tune of nearly half a million Pounds.

Merchant was arrested in the first week of December 2013 by Scotland Yard investigators from his central London home and taken to a central London police station, but was released on bail.

Others on the police bail in this case are MQM chief Altaf Hussain, Muhammad Anwar, Iftikhar Quraishi, Sarfraz Ahmed and Tariq Mir.

Also read: London police extend Altaf Hussain’s bail till July

Scotland Yard arrested MQM chief Altaf Hussain in June last year, but extended his bail for a third time until July after interviewing him for several hours on Tuesday.

The MQM denies involvement in money laundering.