The National Accountability Bureau on Friday (April 12) submitted its reply in Islamabad High Court (IHC) and sought cancellation of bail granted by the Islamabad High Court to former president Asif Ali Zardari in a case pertaining to mega money laundering in fake bank accounts.
The anti-graft watchdog claimed that Zardari deliberately misled the court regarding his bail petition and did not deserve any leniency on the matter. NAB Also argued that Zardari “may tamper records” if not taken into custody. NAB’s move came after the IHC on Wednesday (April 10) extended the interim pre-arrest bail of Zardari and his sister Faryal Talpur till April 29.
The FIA investigated 32 people including Zardari and his sister Faryal Talpur, in relation to money laundering from over 20 ‘benami’ accounts, opened in 2013, 2014 and 2015 for transactions worth billions of rupees. Zardari’s close aide Hussain Lawai was arrested in July in connection with the probe. The amount, according to FIA sources, is said to be black money gathered from various kickbacks, commissions and bribes.
The Supreme Court on Jan 16 in a detailed judgment, authored by Justice Ijazul Ahsan directed to transfer the JIT report and all the material collected by the team to the National Accountability Bureau (NAB) immediately. The court directed the NAB to prepare the references.
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20 September, 2019