The high-profile Rs. 50 million theft case in Karachi’s upscale Clifton area has seen a major development where police have uncovered substantial assets linked to the prime suspect, a domestic worker named Shahnaz. The investigation revealed properties owned by the suspect not only in Karachi but also in Punjab, highlighting the jurisdictional nature of the alleged crime.

Two accused, Asif and Hammad, were brought before the Judicial Magistrate South by the police, following their physical remand. In addition to their court hearing, a progress report detailing the investigation’s findings has also been submitted. According to the report, Shahnaz, the prime suspect, was interrogated at the jail, where she revealed how three flats, one shop, four cars, and four motorbikes were purchased with the looted money. She also purchased property in Punjab, where her staff and relatives are said to be living.

The police have recovered Rs. 5.75 lakh in cash and Rs. 37.4 lakh from Shahnaz’s accounts so far. Two of the cars and three motorcycles allegedly bought with the stolen money, however, are still unrecovered. The investigation has exposed a sophisticated network, as the assets of the suspect reflect a planned attempt to launder the stolen money into real estate and other investments.

The court, after reviewing the progress, sent the co-accused, Asif and Hammad, to judicial custody and directed the investigating officer to submit a charge sheet at the next hearing.