Fake accounts case: Zardari, Talpur get bail extension till April 29

Dunya News

A two-member division bench of the IHC is scheduled to preside over hearing of the application.

RAWALPINDI (Dunya News) – The Islamabad High Court (IHC) on Wednesday extended the pre-arrest bail of former president Asif Ali Zardari and his sister Faryal Talpur till April 29 in the fake bank accounts case, Dunya News reported.

On March 28, the court had granted pre-arrest bail to Zardari and Talpur till April 10 against surety bonds of Rs1 million each.

A two-member division bench of the IHC presided over hearing of the application. After consultation with their legal team, both PPP leaders appeared before the court.

Last month, a banking court in Karachi transferred the money laundering case against the former president, his sister and others to Rawalpindi on a request by the National Accountability Bureau (NAB).

The Federal Investigation Agency (FIA) had named Zardari, Talpur, Omni Group chairman Anwar Majeed, his sons and over 10 others as suspects in an interim charge sheet filed in the banking court in August 2018 for alleged money laundering to the tune of over Rs4 billion, after 29 alleged fake bank accounts were found in three banks — Summit Bank, Sindh Bank and United Bank.

Property tycoon Malik Riaz, his son-in-law Zain, Sindh Chief Minister Murad Ali Shah and PPP Chairman Bilawal Bhutto Zardari have been also included in the inquiry.