Former Pak President Asif Ali Zardari arrested by NAB team after IHC rejects bail plea, Bilawal appeals for calm
Islamabad, July 10, 2019: Former Pakistani President Asif Ali Zardari has been arrested from his residence in Islamabad today, by the 15-member team of National Accountability Bureau – NAB – the country’s top anti-corruption body in a case involving fake bank accounts. PPP Chairman Bilawal Bhutto-Zardari urged party workers to remain calm.
In 2015, the Federal Investigation Agency (FIA) had launched a probe into fake accounts and fictitious transactions conducted through 29 ‘benami’ accounts in Summit Bank, Sindh Bank and UBL on the basis of a tip-off.
The case pertains to suspicious transactions worth Rs4.4 billion allegedly carried out through a fictitious bank account. According to the prosecution, the account titled M/s A One International was fake and it received a sum of Rs4.4bn out of which Rs30m was paid to the Zardari Group at two different times.
The arrest comes hours after the Islamabad High Court rejected an application seeking extension in the pre-arrest bails of Zardarin and his siter Faryal Talpur.
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