The case against the MQM founder, Mohammad Anwar and Sarfraz Merchant was withdrawn on the grounds that after examining all the evidence it was accepted that there is insufficient evidence to prove that the money seized was the proceeds of crime or was intended for use in unlawful conduct.
A press release from the Metropolitan Police Service said that following a detailed evidential review and upon receipt of legal advice, it made the decision to withdraw their application in a civil case under the Proceeds of Crime Act 2002 for the forfeiture of over £500,000 in cash.
The cash had been seized from a number of venues between 2012 and 2014.
Since 2013, officers from the Met’s National Terrorist Financial Investigation Unit have been investigating allegations of money laundering to which the civil proceedings were linked. Officers worked diligently on the investigation and thoroughly investigated all of the evidence to establish if any laws had been broken in the UK.
During the course of the investigation:
– Six people were arrested
– 11 other people were interviewed under caution;
– A total of 28 interviews were conducted at police stations of persons under investigation;
– Over 100 witness statements were taken;
– Nine premises were searched which were located in the South and North of England.