Karachi: Court Informed of Recovered Ransom and Luxury Car
The investigating officer (IO) presented eight suspects before the administrative judge of the Anti-Terrorism Courts (ATCs) in Clifton on Monday for an extension in their remand. These suspects include CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza, and Umer Jilani.
According to the IO, the suspects transferred the ransom money—approximately Rs12.9 million and $340,000 in digital coins—to a bank and subsequently used it to purchase a luxury sedan (Mercedes-Benz), which was later recovered. The IO also stated that complainant Arsalan Malik identified two suspects before a judicial magistrate and assigned their roles in the offense.
The IO requested a five-day extension of their physical remand to interrogate them and apprehend absconding suspects, including Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others. The court granted the request, extending their police custody for another five days.
A team formed by the Anti-Violence Call Center (AVCC) recovered around Rs12 million in cash, Rs900,000 in prize bonds, and a Mercedes-Benz vehicle from the suspects, as per a press statement. The crypto trader was abducted on December 25, 2024, at 1:40 am from a police mobile without number plates by five men in plain clothes. They forced him to open his Binance account and transferred coins worth $340,000 into various digital wallets/accounts before releasing him near the Quaid-i-Azam’s mausoleum at 4 am.
Published in Dawn, January 14, 2025.
Karachi: Court Informed of Recovery of Ransom and Luxury Car
KARACHI: An antiterrorism court was on Monday informed that investigators had recovered Rs12.9 million and a “luxury” car allegedly purchased with the ransom paid by a cryptocurrency trader to his kidnappers to earn freedom.
The investigating officer of the case informed the court that the suspects held in the case, including two Counter-Terrorism Department (CTD) officials, had transferred the ransom money to a bank and later used the amount to purchase a luxury sedan (Mercedes-Benz), which had been recovered.
Suspects Produced Before Court
On Monday, the IO brought the eight suspects — CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza and Umer Jilani — before the administrative judge of the ATCs in Clifton for extension in their remand.
Recovery of Cash and Vehicle
The IO informed the court that the police had recovered a Mercedes Benz purchased with the ransom money and an amount of cash from the suspects. He also stated that complainant Arsalan Malik had identified the two suspects before the judicial magistrate (West) and assigned their roles in the commission of the offence.
Request for Remand Extension
The IO requested the court to extend their physical remand as he needed to interrogate them and apprehend the absconding suspects — Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi and others. After hearing the IO, the court extended their police custody for five more days.
Press Statement Reveals More Details
Meanwhile, according to a press statement, a team formed by the AVCC to apprehend the suspects and recover the ransom amount, approximately $340,000 in digital coins, paid by a cryptocurrency trader for his release, has recovered around Rs12m in cash, Rs900,000 in prize bonds and a Mercedes-Benz vehicle from the suspects.
Abduction and Ransom Payment Details
According to the FIR, the crypto trader was abducted on Dec 25, 2024 at 1:40am in a police mobile without number plate by five men in plain clothes. They brought him near the FIA Saddar office, forcibly got opened his Binance account and transferred coins worth $340,000 into different digital wallets/accounts. They reset his cell phone, handed it back to him and dropped him near the mausoleum of the Quaid-i-Azam at 4am. Later, eight suspects were booked and arrested for their alleged involvement in the kidnapping of the trader and releasing him after he transferred the ransom into their digital wallets.
Published in Dawn, January 14th, 2025
KARACHI: Antiterrorism Court Informed of Ransom Recovery
The investigating officer (IO) informed the court that investigators had recovered Rs12.9 million and a “luxury” car, allegedly purchased with ransom money paid by a cryptocurrency trader to his kidnappers. The suspects, including two Counter-Terrorism Department (CTD) officials, transferred the ransom to a bank and later used it to buy a Mercedes-Benz, which was recovered.
On Monday, eight suspects—CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza, and Umer Jilani—were brought before the administrative judge of the ATCs in Clifton for an extension in their remand.
The IO presented evidence that the police had recovered:
– A Mercedes Benz purchased with ransom money
– An amount of cash from the suspects
Complainant Arsalan Malik identified two suspects before a judicial magistrate and assigned their roles in the crime. The IO requested the court to extend their physical remand for further interrogation and to apprehend absconding suspects—Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others.
After hearing the IO, the court extended their police custody for five more days.
According to a press statement, a team formed by the AVCC recovered around Rs12m in cash, Rs900,000 in prize bonds, and a Mercedes-Benz vehicle from the suspects. The crypto trader was abducted on December 25, 2024, at 1:40 am and released after transferring $340,000 in digital coins into various wallets.
Published in Dawn, January 14th, 2025
Karachi: Court Informed of Recovered Ransom and Luxury Car
The antiterrorism court in Karachi was informed on Monday that investigators had recovered Rs12.9 million and a “luxury” car allegedly purchased with the ransom paid by a cryptocurrency trader to his kidnappers in exchange for freedom.
Investigating Officer’s Update:
The investigating officer (IO) of the case revealed to the court that the suspects, including two Counter-Terrorism Department (CTD) officials—Ali Sajad and Muhammad Umer—had transferred the ransom money to a bank and subsequently used it to purchase a luxury sedan (Mercedes-Benz), which was later recovered.
Suspects Produced Before Court
On Monday, the IO presented eight suspects — CTD constables Ali Sajad, Muhammad Umer, Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza, and Umer Jilani — before the administrative judge of the ATCs in Clifton for an extension of their remand.
IO’s Request:
The IO requested the court to extend the suspects’ physical remand as he needed more time to interrogate them and apprehend the absconding suspects: Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others.
Court Grants Five-Day Remand Extension
After hearing from the IO, the court granted a five-day extension of their police custody.
Recovered Assets:
According to a press statement, a team formed by the AVCC (presumably Anti-Violence Crime Cell) recovered approximately:
– Rs12 million in cash
– Rs900,000 in prize bonds
– A Mercedes-Benz vehicle
from the suspects.
Abduction and Ransom Details
According to the First Information Report (FIR), the cryptocurrency trader was abducted on December 25, 2024 at 1:40 a.m. from a police mobile without number plates by five men in plain clothes. They forced him into the vehicle, brought him near the FIA Saddar office, and accessed his Binance account, transferring coins worth $340,000 into various digital wallets/accounts. They then reset his cellphone, returned it to him, and dumped him near the mausoleum of the Quaid-i-Azam at 4 a.m.
Published in Dawn
This story was published in Dawn on January 14th, 2025.
Karachi: Court Informed of Recovered Ransom and Luxury Car
Police Recover Rs12.9 Million and a Mercedes-Benz
Karachi — An antiterrorism court was informed on Monday that investigators had recovered Rs12.9 million and a “luxury” car allegedly purchased with the ransom paid by a cryptocurrency trader to his kidnappers to earn freedom.
Suspects Transferred Ransom Money and Bought Luxury Sedan
The investigating officer of the case told the court that the suspects, including two Counter-Terrorism Department (CTD) officials, had transferred the ransom money to a bank and later used it to purchase a luxury sedan (Mercedes-Benz), which was recovered.
Eight Suspects Produced Before Court for Remand Extension
On Monday, the IO brought eight suspects — CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza, and Umer Jilani — before the administrative judge of the ATCs in Clifton for extension in their remand.
Complainant Identified Suspects; Court Extends Police Custody
The IO informed the court that complainant Arsalan Malik had identified the two suspects before a judicial magistrate (West) and assigned their roles in the offence. The IO requested the court to extend the physical remand as he needed to interrogate them and apprehend absconding suspects — Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others. After hearing the IO, the court extended their police custody for five more days.
Press Statement: Team Recovers Cash, Bonds, and Vehicle
According to a press statement, a team formed by the AVCC to apprehend the suspects and recover the ransom amount — approximately $340,000 in digital coins — paid by a cryptocurrency trader for his release, has recovered around Rs12m in cash, Rs900,000 in prize bonds, and a Mercedes-Benz vehicle from the suspects.
Crypto Trader Abducted; Ransom Paid via Digital Wallets
According to the FIR, the crypto trader was abducted on December 25, 2024, at 1:40 am in a police mobile without a number plate by five men in plain clothes. They brought him near the FIA Saddar office, forcibly got open his Binance account, and transferred coins worth $340,000 into different digital wallets/accounts. They reset his cell phone, handed it back to him, and dropped him near the mausoleum of the Quaid-i-Azam at 4 am. Later, eight suspects were booked and arrested for their alleged involvement in the kidnapping of the trader and releasing him after he transferred the ransom into their digital wallets.
Published in Dawn, January 14th, 2025
Karachi: Court Informed of Recovered Ransom and Luxury Car
Antiterrorism Court Hearing
The investigating officer (IO) presented eight suspects before the administrative judge of the ATCs in Clifton on Monday for extension of their remand. The case involves the recovery of Rs12.9 million and a luxury car allegedly purchased with ransom paid by a cryptocurrency trader to secure his freedom.
Case Details
The IO reported that the suspects, including two Counter-Terrorism Department (CTD) officials, transferred the ransom money to a bank and subsequently used it to buy a Mercedes-Benz, which has since been recovered. The complainant, Arsalan Malik, positively identified two suspects before a judicial magistrate, attributing specific roles in the crime.
Request for Remand Extension
The IO requested an extension of the physical remand to interrogate the suspects and apprehend absconding individuals named Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others. The court granted a five-day extension.
Press Statement
According to a press statement, a team formed by the AVCC recovered approximately Rs12 million in cash, Rs900,000 in prize bonds, and a Mercedes-Benz from the suspects. This follows the kidnapping of a crypto trader on December 25, 2024, who was released after transferring $340,000 in digital coins into specified wallets/accounts.
Initial Incident
The FIR states that at 1:40 am on December 25, the trader was abducted from a police mobile without number plates by five men in plain clothes. They forcibly opened his Binance account and transferred funds before resetting his cellphone and dropping him near the Quaid-i-Azam’s mausoleum at 4 am. Subsequently, eight suspects were booked and arrested for their role in the kidnapping and ransom collection.
Published in Dawn, January 14, 2025.
Karachi: Court Informed of Recovered Ransom and Luxury Car
Antiterrorism Court Hearing
KARACHI – An antiterrorism court was informed on Monday that investigators had recovered Rs12.9 million and a “luxury” car allegedly purchased with ransom paid by a cryptocurrency trader to his kidnappers.
Investigation Details
The investigating officer (IO) of the case told the court that suspects held in the matter, including two Counter-Terrorism Department (CTD) officials, transferred the ransom money to a bank and later used it to purchase a luxury sedan (Mercedes-Benz), which was subsequently recovered.
Suspects Presented
On Monday, the IO produced eight suspects – CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza and Umer Jilani – before the administrative judge of the ATCs in Clifton for an extension in their remand.
Recovered Assets
The IO informed the court that police recovered a Mercedes Benz purchased with ransom money and cash from the suspects. He also stated that complainant Arsalan Malik identified two suspects before a judicial magistrate and assigned their roles in the crime.
Request for Remand Extension
The IO requested the court to extend the physical remand of the suspects as he needed to interrogate them and apprehend absconding suspects – Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others.
Court Ruling
After hearing the IO, the court granted a five-day extension of their police custody.
Press Statement
According to a press statement, a team formed by the AVCC recovered approximately Rs12m in cash, Rs900,000 in prize bonds and a Mercedes-Benz vehicle from the suspects. The crypto trader had been kidnapped on December 25, 2024 at 1:40 am and ransomed $340,000 in cryptocurrency.
Initial Incident
The FIR states that the crypto trader was abducted from a police mobile without number plates by five men in plain clothes. They forced him to open his Binance account and transferred coins worth $340,000 into various digital wallets before releasing him near the Quaid-i-Azam mausoleum at 4 am. Subsequently, eight suspects were booked and arrested for their alleged involvement.
Published in Dawn, January 14th, 2025
KARACHI: Antiterrorism Court Informed of Recovered Ransom and Luxury Car
The investigating officer (IO) of a case involving suspected terrorism reported to an administrative judge in Clifton that suspects had transferred ransom money—including Rs12.9 million and a “luxury” car (a Mercedes-Benz)—to a bank, purchased the vehicle, and were later apprehended.
Eight suspects, including two Counter-Terrorism Department (CTD) officials, appeared before the court for an extension of their remand. The IO presented evidence of recovered cash, the Mercedes-Benz, and identified a cryptocurrency trader who had been kidnapped and paid ransom in digital coins worth approximately $340,000.
According to a press statement from the Anti-Violence and Crime Control (AVCC), the team managing the case recovered Rs12 million in cash, Rs900,000 in prize bonds, and the Mercedes-Benz from the suspects.
The original report filed by the victim stated that on December 25, 2024 at 1:40 am, five men in plain clothes abducted him from a police mobile without license plates. They forcibly accessed his Binance account and transferred $340,000 into various digital wallets before releasing him near the Quaid-i-Azam’s mausoleum at 4 am.
Following their arrest, eight suspects were charged with kidnapping the trader for ransom. The case was published in Dawn on January 14, 2025.
Karachi: Antiterrorism Court Informed of Ransom Recovery
Investigators Recover Rs12.9 Million and Luxury Car
The investigating officer (IO) informed the court that suspects held in a case involving two Counter-Terrorism Department (CTD) officials had transferred ransom money to a bank and used it to purchase a luxury sedan (Mercedes-Benz), which was later recovered.
Suspects and Remand Extension
On Monday, eight suspects—CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza, and Umer Jilani—appeared before the administrative judge of the ATCs in Clifton for an extension in their remand.
Recovery Details
According to the IO, the police recovered a Mercedes-Benz purchased with ransom money and cash from the suspects. The complainant, Arsalan Malik, identified two suspects before a judicial magistrate and assigned their roles in the offence.
Request for Remand Extension
The IO requested an extension of the physical remand to interrogate the suspects and apprehend absconding individuals—Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others. The court granted a five-day extension.
Press Statement Summary
A team formed by the AVCC recovered approximately Rs12m in cash, Rs900,000 in prize bonds, and a Mercedes-Benz vehicle from the suspects. These assets were linked to a cryptocurrency trader who was abducted on December 25, 2024, and released after transferring $340,000 in digital coins into various wallets.
Initial Incident Details
According to the First Information Report (FIR), the crypto trader was kidnapped at 1:40 a.m. on December 25, 2024, from a police mobile without a number plate by five men in plain clothes. They forcibly opened his Binance account and transferred funds into digital wallets before dropping him near the mausoleum of Quaid-i-Azam at 4 a.m.
Published in Dawn, January 14th, 2025
KARACHI: Antiterrorism Court Informed of Recovery of Ransom Money and Luxury Car
The investigating officer (IO) informed an antiterrorism court on Monday that investigators had recovered Rs12.9 million and a “luxury” car, allegedly purchased with ransom paid by a cryptocurrency trader to his kidnappers.
The suspects, including two Counter-Terrorism Department (CTD) officials, had transferred the ransom money to a bank and subsequently used it to buy a Mercedes-Benz, which was recovered.
On Monday, the IO produced eight suspects—CTD constables Ali Sajad and Muhammad Umer, along with Haris Ashar, Mohammed Rizwan Shah, Noman Riffat, Tariq Hasan Shah, Muzamil Raza, and Umer Jilani—before the administrative judge of the ATCs in Clifton for an extension of their remand.
The IO stated that police had recovered a Mercedes Benz purchased with the ransom money and cash from the suspects. He also informed the court that the complainant, Arsalan Malik, had identified two suspects before a judicial magistrate and assigned them roles in the crime.
Seeking to interrogate the suspects further and apprehend absconding individuals like Hamad, Zaman, Muzamil, Ali Raza, Rasheed Lodhi, and others, the IO requested a five-day extension of their physical remand. After hearing the IO, the court granted the request.
According to a press statement, a team formed by the AVCC recovered approximately Rs12m in cash, Rs900,000 in prize bonds, and a Mercedes-Benz vehicle from the suspects.
The FIR states that the cryptocurrency trader was abducted on December 25, 2024 at 1:40 am in a police mobile without number plate by five men in plain clothes. They forced him to open his Binance account and transferred coins worth $340,000 into different digital wallets/accounts. They reset his cell phone, returned it to him, and dropped him near the mausoleum of the Quaid-i-Azam at 4 am. Subsequently, eight suspects were booked and arrested for their alleged involvement in kidnapping the trader and releasing him after he transferred the ransom into their digital wallets.
Published in Dawn, January 14th, 2025