IHC rejects Asif Zardari, Faryal Talpur's bail petitions in fake accounts case

*Click the Title above to view complete article on https://en.neonews.pk/.

2019-06-10T15:22:00+05:00

Islamabad (Staff Report/Agencies): The Islamabad High Court on Monday rejected PPP chairman Asif Ali Zardari and his sister Faryal Talpur in fake account case.

A two-member bench had earlier reserved its verdict on their application.

A two-member bench comprising Justice Amir Farooq and Justice Moshin Akhtar Kayani had earlier reserved its verdict on their application announced the verbal order.

Both Zardari and his sibling had left the court building before the verdict was announced.

According to sources, the National Accountability Bureau (NAB) has constituted two teams for the arrest of the former president

On May 30, the court extended the interim pre-arrest bail of Zardari and Talpur in the fake bank accounts case till June 10 (today).

During the hearing, the NAB presented details regarding the case before the bench.

NAB’s additional prosecutor Jahanzeb Bharwana presented three reports before the court as evidence on the involvement of Zardari and his sister in the case.

To which, Zardari’s defense counsel, Farooq H Naek sought more time from the court “as new documents have been furnished today.”

After hearing arguments from the NAB prosecutor and Zardari’s counsel Farooq H Naik, the court extended the interim bail of the PPP leaders till June 10.

This is pertinent to mention that the Federal Investigation Agency (FIA) is investigating 32 people, including Asif Ali Zardari and his sister Faryal Talpur in connection with money laundering through fake accounts.

Zardari’s close aide Hussain Lawai was arrested in July in connection with the probe.

Former president's other close aide and Omni Group chairman Anwar Majeed and his son Abdul Ghani were also arrested by FIA in this connection.

Over 20 ‘benami’ accounts were opened in 2013, 2014 and 2015 in some banks from where transactions worth billions of rupees were made, according to sources.

According to FIA sources, the amount is said to be black money gathered from various kickbacks, commissions and bribes.

View More News