NAB had no ulterior motive in Zardari arrest: IHC - The News Observers - Business & World News

NAB had no ulterior motive in Zardari arrest: IHC

Zardari secures interim bail in fake accounts case

ISLAMABAD: The Islamabad High Court (IHC), in its detailed judgement of PPP co-chairperson’s bail plea dismissal, acknowledged no ulterior motive might be attributed to the National Accountability Bureau (NAB) for the arrest.

Justice Amir Farooq and Justice Mohsin Akhtar Kiyani introduced the IHC resolution stating that interim bail might be granted if the arrest made is predicated on ill-intention.

Nevertheless, in its written order, IHC stated NAB’s arrest of Zardari was based mostly on the necessity for additional investigation of the accused and as such, there is no such thing as a ulterior motive concerned in his arrest.

The judgement additionally states that arguments on behalf of the petitioners that chairman NAB doesn’t have authority or jurisdiction within the matter are “with out substance”.

“Beneath part 24 (a) learn with part 24 (c) of the Ordinance, Chairman NAB can difficulty warrants of arrests even after the reference is filed,” reads the report.

The courtroom maintained that the Supreme Court (SC) fastened an ordinary for bail in NAB circumstances within the Avenfield reference. SC’s resolution additionally applies to the pre-arrest bail case, it added.

Former president Asif Ali Zardari was arrested by NAB final week after IHC recalled the pre-arrest bail granted to him and his sister Faryal Talpur within the pretend accounts case.

The circumstances in opposition to Zardari are a part of the investigations being carried out by NAB in pursuance of the Supreme Court’s verdict within the cash laundering of billions via pretend accounts case whereby it was forwarded a joint investigation crew (JIT) report.

Different suspects within the investigation embrace Omni Group’s Anwar Majeed and his son Abdul Ghani Majeed, former Pakistan Inventory Exchange chairperson Hussain Lawai and Summit Bank Senior Vice-President Taha Raza.

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