Pakistan’s Fintech company Wemsol Private Limited (KEENU), was mentioned in Jang news which is Pakistan’s largest and most credible news group JANG on it’s website and in print dated 8th September 2021, mentioning enquiry initiation by the Federal Investigation Authority (FIA) against Wemsol’s CEO Ejaz Hassan on his alleged involvement in money laundering, smuggling, tax evasion, undeclared local and offshore businesses/properties and fake bank accounts. FIA enquiry number against Ejaz Hassan is 138/2021 which can be verified and validated by IFC through FIA. You can always read about Wemsol Pakistan and Keenu Pakistan.
The news was also broadcasted on Television by a popular news channel GTV on it’s news bulletin on 8th September 2021 (News starts at 27 minutes 45 seconds). The news also mentions enquiry initiations by the FIA against other partners of United Mobile (Owned by Mr. Ashraf Machiyara, who is also the majority owner of Wemsol).
FIA Enquiry numbers are 113/2021, 137/2021 and 139/2021. Reportedly IFC was about to invest in Wemsol Private Limited (Keenu) and have now taken back the investment deal due to all such legal enquiries by Pakistan’s various government agencies.
