Khawaja Asif alleges money laundering network operating through Portugal

Defence Minister Khawaja Asif has claimed that businesses established in Portugal by individuals linked to

Defence Minister Khawaja Asif has claimed that businesses established in Portugal by individuals linked to politics and the real estate sector are being used to facilitate money laundering from Pakistan.

In a statement, the minister said that several people associated with political circles and the property business have set up commercial operations in Portugal. According to him, these businesses are allegedly providing services that enable money to be transferred out of Pakistan through illegal channels.

Khawaja Asif further alleged that the same network is also involved in arranging documents for individuals seeking citizenship-related facilities in Portugal. He claimed that the businesses are being used not only for financial transactions but also to assist applicants in obtaining the paperwork required for immigration and citizenship purposes.

The defence minister did not identify any individuals or organisations allegedly involved in the activities. He also did not present evidence to support the claims during his statement.

His remarks come as authorities continue to focus on tackling financial crimes, including money laundering and the illegal movement of funds abroad. The allegations are expected to draw attention to the activities of overseas business networks and the use of foreign countries for financial transactions.