NICL scandal: LHC shelves bail plea of Ayaz Khan Niazi

Pakistan

NICL scandal: LHC shelves bail plea of Ayaz Khan Niazi

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The Lahore High Court (LHC) on Friday dismissed the bail plea of Ayaz Khan Niazi.

11 March,2011 07:45 pm

Niazi is the main accused in National Insurance Company Limited (NICL) corruption case whereas Moonis Elahi, son of former Punjab chief minister Pervaiz Elahi, has submitted surety bonds of Rs 10 million for his bail.LHC’s Justice Manzoor A Malik heard the bail plea of Niazi. During the hearing, Niazi’s lawyer told the court that his client had nothing to do with the NICL scandal and the FIA had implicated him in the case. The FIA counsel told the court that Niazi was involved in a fraud of 803 kanals and this has been proved in the investigations. The court shelved the bail plea of Niazi.