Pakistan's Federal Investigation Agency (FIA) has charged seven people — including directors of Innovative Biscuits Pvt. Ltd. and a bank official — with money laundering, fraud, and tax evasion in Lahore. Investigators found that the company's sales proceeds of approximately Rs6.62 billion (around $23 million) were funnelled into fake "benami" accounts (nominee accounts opened under other people's identities) rather than the firm's declared accounts, allowing the owners to conceal taxable income and cause significant losses to the national treasury. A bank officer, Mazhar Ejaz, has been arrested for his central role in setting up the fraudulent accounts, while raids are ongoing to apprehend the remaining suspects.