KARACHI: Karachi banking court approved the pre-arrest bail of Pakistan Peoples Party (PPP) co-chairman Asif Ali Zardari’s pre-arrest bail in money laundering case.
The former president appeared in the court along with his lawyer Farooq H. Naik amid strict security. The court directed Zardari to submit surety bonds worth Rs20 lac.
Journalists surrounded Zardari as he arrived at the court. “You did not come in helicopter?” asked the journalist. “Wait here and I will come back in helicopter,” he replied. Zardari also announced that Aitzaz Ahsan will be the next president.
Talking to media, Farooq H. Naik said that after becoming President of Pakistan, Asif Zardari left all business relations with Zardari Group (Pvt) Ltd.
“My client has not been shown as a suspect in the case. It has been said that money from A1 International came into Zaradri Group. How can Zardari be declared fugitive when he was contesting election? Neither the FIR nor the charge sheet says that my client committed money laundering,” he maintained.
It is pertinent to mention here that Zardari was granted protective bail from Islamabad High Court (IHC) while his sister Faryal Talpur, close aide and Omni Group Chairman Anwar Majeed and his three sons are out on interim bails.
Asif Ali Zardari, Faryal Talpur and their associates are accused of sending Rs35 billion abroad through fake accounts after which, their names were placed on Exit Control List (ECL).
Hussain Lawai, chairman of Pakistan Stock Exchange, and his associates are accused of opening 29 fake accounts in the Summit Bank and United Bank of Pakistan Limited.
Lawai, Anwar Majeed, Abdul Ghani Majeed and Taha Raza have been arrested following the allegations.