Khaleej Times

Accused turns approver in fake account case

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islamabad — A third suspect offered to become an approver as Pakistan People’s Party leaders Asif Ali Zardari and Faryal Talpur appeared before an accountabi­lity court in Islamabad on Monday.

The former president, his sisterTalp­ur, Omni Group’s Anwar Majeed and his sons, and former Pakistan Stock Exchange chairperso­n Hussain Lawai are among those being investigat­ed in a case related to money laundering of billions through fictitious bank accounts.

The matter was forwarded to an accountabi­lity court in Islamabad after a Karachi banking court accepted the National Accountabi­lity Bureau’s (NAB) transfer request – which came following the Supreme Court’s decision wherein the joint investigat­ion team (JIT) report and evidence collected was referred to NAB for further investigat­ions.

On Monday, the Zardari siblings appeared in Judge Muhammad Arshad Malik’s courtroom. NAB informed court that Sher Muhammad, an accused, had filed a request to become an approver. The prosecutor added that the bureau was processing his, Noreen Sultan and Kiran Aman’s applicatio­ns to become approvers in the matter.

During the hearing, Judge Malik sought explanatio­n over Lawai’s absence from the courtroom. NAB prosecutor said the bureau had written to Sindh chief secretary twice seeking Lawai’s appearance in court but received no reply. Malik directed NAB to bring up the matter with the Sindh government

as the accountabi­lity court contacts the Sindh High Court over it.

Meanwhile, the single-judge bench granted 10-day extension in pre-arrest bail to Zardari and Talpur against surety bonds worth Rs2 million. The hearing has been adjourned till May 9. Informatio­n regarding the fake accounts came

to the fore when an intelligen­ce agency picked up a prominent money changer in an unrelated case. In December 2015, the Federal Investigat­ion Agency began a discreet investigat­ion into certain bank accounts through which multi-billion rupee transactio­ns have been made.—

 ?? APP file ?? REPRIEVE: Asif Ali Zardari and sister Faryal Talpur’s bail has been extended until May 15 in the money-laundering case. —
APP file REPRIEVE: Asif Ali Zardari and sister Faryal Talpur’s bail has been extended until May 15 in the money-laundering case. —

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