Court orders quashing money-laundering case against Tareen, son.

LAHORE -- A local court has ordered quashing a money-laundering case, registered by the Federal Investigation Agency (FIA), against politician and industrialist Jehangir Khan Tareen and his son, Ali Tareen.

Judicial Magistrate Ghulam Murtaza Virk passed the orders in the light of a report, submitted by the investigation officer in the matter, according to the verdict, released here on Friday.

Earlier, the FIA investigation officer had submitted a report before the court, saying that the charges of money laundering did not prove during the investigation. He submitted that no illegal method of money transfer surfaced in the investigations and all transactions were done in accordance with the rules of Security and Exchange Commission...