Assets case: SHC suspends decision to release Khursheed Shah on bail

Dunya News

Assets case: SHC suspends decision to release Khursheed Shah on bail

SUKKUR (Dunya News) – Sindh High Court (SHC) on Monday has suspended decision to release Pakistan Peoples Party (PPP) leader Khursheed Shah on bail in assets beyond income case till next hearing.

According to details, a special bench comprising Justice Naimatullah Phulpoto and Justice Khadim Hussain Tunio conducted proceedings on the matter and postponed the bail of ex-opposition leader in National Assembly.

The court said that the issue will be raised in next hearing on January 16.

On December 12, accountability court had granted bail to Syed Khursheed Shah in assets beyond mean case.

On Decmber 10, the National Accountability Bureau (NAB) had decided to form a Joint Investigation Team (JIT) to probe into the case against Shah.

The anti-graft watchdog had written a letter to the Federal Board of Revenue (FBR) Chairman, Federal Investigation Agency (FIA) Director General (DG) and Securities and Exchange Companies of Pakistan (SECP) chairman in this regard.

On Sept 18, the NAB had arrested senior PPP leader Syed Khursheed Shah in a case regarding his alleged assets beyond means. "NAB Sukkur arrested Syed Khursheed Shah in the assets beyond means case," a brief handwritten statement issued by NAB Islamabad said.

Multiple corruption cases against Shah are under investigation with NAB. In 2012, an accountability court had directed NAB to file a reference against him on a complaint pertaining to alleged accumulation of illegitimate assets.

In 2013, NAB had reopened two corruption cases against Shah under the directives of the Lahore High Court.

In July this year, NAB Chairman retired justice Javed Iqbal had approved nine inquiries against different personalities, including Shah.