Skip to main content

Zardari granted pre-arrest bail in money laundering case

Asif Ali Zardari

KARACHI: A banking court on Friday granted pre-arrest bail to former president and Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari in fake bank accounts case. 

Zardari, one of the suspects in money laundering through fake bank accounts case, appeared before a  banking court here along with his legal counsel Farooq Naik.

On August 17, the banking court had issued non-bailable arrest warrants of the former president and other suspects in the ongoing probe. Nevertheless, on August 18, PPP co-chairman was granted a protective bail from the Islamabad High Court with additional directives to appear before the relevant court before September 3.

Asif Zardari and his sister Faryal Talpur had appeared before the Federal Investigation Agency (FIA) team in Islamabad, on August 28, in fake accounts case and faced grilling from the investigators for around 38 minutes.

The FIA officials handed over a questionnaire to the sibling duo after the questioning.

The lawyer of the former president, however, denied the reports of questioning to his client and handing him over a questionnaire.

Zardari and Ms Talpur appeared before the FIA after fourth summon in a case pertaining to fake bank accounts. They had not appeared before the FIA despite three previous summons.

The case background

Zardari and his sister were among over a dozen suspects declared absconders in the money-laundering scam.

In the FIA list, Anwar Majeed and his son’s names appeared on top of the list while those of Zardari and Talpur were on the 19th and 20th number, respectively.

According to the FIR registered by FIA, transactions of billions of rupees were made into suspicious accounts, including the one owned by the PPP leaders, the Zardari Group, which is accused of receiving Rs 15 million of the laundered money.

In December 2016, the Pakistan Rangers conducted raids at the Karachi office of the Omni Group of Companies and the residence of its owner Anwar Majeed, a close aid of Zardari, and confiscated record allegedly related with money laundering.

The post Zardari granted pre-arrest bail in money laundering case appeared first on ARYNEWS.



from ARYNEWS https://ift.tt/2wwLIgL
Labels:

Comments

Post a Comment

Popular posts from this blog

IT ministry forms panel to review social media rules

ISLAMABAD: While uproar against the new rules to regulate social media continues from various segments of society, including parliamentarians, the Pakistan Federal Union of Journalists (PFUJ) and civil society, the information technology ministry on Friday formed a committee to review the rules. The federal cabinet approved the rules on Feb 11, but later after opposition from various quarters, including companies that manage different social media platforms, the prime minister announced that a fresh consultation process would be launched over the Citizens Protection (Against Online Harm) Rules 2020. The committee formed by the IT ministry is headed by Pakistan Telecommunication Authority Chairman Amir Azeem Bajwa while its members are Eazaz Aslam Dar, additional secretary of IT; Tania Aidrus, member of the Strategic Reforms Imple­mentation Unit, Prime Minister Office; and Dr Arslan Khalid, focal person on digital media at the PM Office. Federal Minister for Human Rights Dr Shireen Ma
Post a Comment
Read more

Young girl’s tragic story makes her symbol of Yemen war

Buthaina Mansur al-Rimi’s life has changed drastically since last year — orphaned in Sanaa, the little girl controversially ended up in Saudi Arabia for medical care and has just returned to Yemen’s capital. Her entire immediate family was wiped out in an air strike by a Saudi-led coalition that backs Yemen’s government, using an explosive device Amnesty International says was made in the US. Images of Buthaina’s rescue and a picture of her swollen and bruised at a hospital trying to force open one of her eyes with her fingers were beamed worldwide. That international fame saw her become something of a propaganda pawn in the war between Yemen’s Iran-backed Huthi rebels and Saudi media. “I was in my mother’s room with my father, sisters, brother and uncle, the first missile hit, and my father went to get us sugar to get over the shock, but then the second missile hit, and then the third,” she says. “And then the house fell,” adds the little girl, who says she is eight. It was the
Post a Comment
Read more