Islamabad (Staff Report): A local court on Thursday ordered to send anchorperson Dr Shahid Masood to Adiala Jail on judicial remand in PTV corruption case.
The anchorperson was arrested by Federal Investigation Agency (FIA) on November 23 from the premises of Islamabad High Court (IHC) after his bail plea was rejected by the court. On November 24, the court handed over Dr Shahid Masood on five-day physical remand.
The FIA presented the accused before the court of Duty Judge Inamullah as his five-day judicial remand ended.
During the hearing, the FIA said that Dr Shahid Masood, who was appointed PTV chairman during Pakistan Peoples Party (PPP) tenure, had signed an agreement with a fake company to negotiate with the Pakistan Cricket Board (PCB) regarding coverage rights of cricket matches played in Pakistan.
The FIA maintained the stance that the anchor person, as former chairman of the state TV, was involved in embezzlement of around Rs37 million as he negotiated with PCB for media rights and granted them to a fake catering company.
The investigation agency requested for an extension in the remand of the accused however, the judge rejected the request and directed to send Dr Masood to Adiala Jail on judicial remand.